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Incorporated in 1966, Hindustan Zinc in Zinc-Lead and Silver business is world’s 2nd largest integrated Zinc producer and now the 3rd largest Silver producer. The company has a market share of ~75% of the growing Zinc market in India with its headquarters at Zinc City, Udaipur along with Zinc-Lead mines and smelting complexes spread across the state of Rajasthan.
Hindustan Zinc secured a Letter of Intent from the Karnataka government for a mining lease of 314.21 hectares at the Gundlupet REE and Yttrium Block. This significantly expands its mineral portfolio and future operational potential.
HZL's promoter group (Twin Star, VRL) secured a US$2.25 billion facility for the VRL Group. HZL is not a direct party, but faces future restrictions: asset sales, non-core investments, and mergers now require lender consent, potentially impacting strategic flexibility.
HZL's promoter group secured a US$1 billion facility. Although HZL isn't a direct party, this agreement indirectly restricts HZL's strategic actions, including asset disposals, specific investments, mergers, and creating security, impacting future flexibility.
The company pivots to a future-ready energy transition, exploring critical minerals like potash, tungsten, and rare earths. It reported record revenue, EBITDA, and ₹13,832 Cr net profit with strong EPS. Production capacity will double to 2 million tonnes, backed by significant capex. Cost leadership is maintained via renewable energy adoption...
Hindustan Zinc delivered its best-ever Q1 mined metal production at 268 thousand tonnes (+1% QoQ), driven by better grades. Refined metal output rose 4% QoQ to 260 thousand tonnes, while silver production stood at 149 tonnes.