Hindustan Zinc Limited has successfully acquired a tungsten and associated mineral block in Andhra Pradesh, enhancing its mineral portfolio and supporting India's vision of self-reliance in critical minerals.

Target Information

Hindustan Zinc Limited, incorporated under BSE: 500188 and NSE: HINDZINC, is recognized as India’s sole and the world’s largest integrated zinc producer. Recently, the company has been designated as the successful bidder for a tungsten and associated mineral block located in Andhra Pradesh, following the receipt of formal composite licenses from the State Government. This acquisition signifies a pivotal advancement in Hindustan Zinc's strategy to diversify beyond traditional minerals such as zinc, lead, and silver into more critical and high-value minerals that are vital for technological manufacturing and industrial applications.

This achievement not only enhances Hindustan Zinc’s resource portfolio but also aligns with India's broader vision of achieving self-reliance in critical minerals. The secured block reflects the company's commitment to responsible environmental practices while fostering exploration and development that contributes to national ambitions for a sustainable mining sector.

Industry Overview in India

The mining industry in India has witnessed significant transformation and evolution, particularly in response to increasing global demand for critical minerals. As the country aims for self-sufficiency, the importance of diversifying mineral resources has gained prominence, especially for metals like tungsten which are essential for various advanced appli