Hindustan Zinc – Artifex.News

Hindustan Zinc gets licence to explore, mine tungsten block in Andhra Pradesh

admin — Sat, 15 Nov 2025 23:45:00 +0000

HZL is the world’s largest integrated zinc producer and is amongst the top five silver producers globally.
| Photo Credit: Reuters

Hindustan Zinc Ltd (HZL) on Saturday (November 15, 2025) said it has received the licence to explore and mine a tungsten block in Andhra Pradesh by the State government.

This marks an important milestone for the Vedanta Group company as it looks to expand beyond zinc, lead, and silver into critical and high-value minerals essential for advanced manufacturing.

“Hindustan Zinc Ltd has been officially announced as the successful bidder for a tungsten and associated mineral block in Andhra Pradesh, following the receipt of the formal composite licence from the state government,” the company said in a statement.

A composite licence in mining is a single, two-stage concession that grants both the right to explore for minerals and the right to mine them if the exploration is successful.

Earlier this year, the company had been declared the preferred bidder through a competitive auction process conducted by the Centre.

“This milestone marks another step forward in Hindustan Zinc’s journey of expanding its mineral footprint and contributing to the nation’s self-reliance in critical and strategic minerals,” company’s CEO Arun Misra said.

HZL is the world’s largest integrated zinc producer and is amongst the top five silver producers globally. The company supplies to more than 40 countries and holds a market share of about 77% of the primary zinc market in India.

Published – November 16, 2025 05:15 am IST

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Hindustan Zinc to pay ₹19 as second interim payout

admin — Tue, 20 Aug 2024 16:56:56 +0000

Hindustan Zinc Ltd said its board has approved the second interim dividend of ₹19 per share for the current financial year. File
| Photo Credit: Reuters

Vedanta group firm Hindustan Zinc Ltd on Tuesday (August 20, 2024) said its board has approved the second interim dividend of ₹19 per share for the current financial year amounting to ₹8,028.11 crore.

The board gave the go-ahead in a meeting held on Tuesday.

“The board…has considered and approved the second interim dividend of ₹19 per equity share i.e. 950% on face value of ₹2 per equity share for the financial year 2024-25 amounting to ₹8,028.11 crore,” Hindustan Zinc Ltd (HZL) said in a filing to BSE.

PTI had earlier reported that HZL is planning a special dividend payout of ₹8,000 crore to its shareholders in FY25.

For FY24, HZL paid a total dividend of ₹5,493 crore, with the government receiving ₹1,622 crore for its 29.5% stake in the company.

In FY23, the company set a record by paying out a dividend of around ₹32,000 crore, with the government receiving a substantial ₹9,500 crore.

HZL has reported 19.3% rise in consolidated net profit at ₹2,345 crore for June quarter FY25 due to higher EBITDA. The company had posted a net profit of ₹1,964 crore for the year-ago period.

Income rose to ₹8,398 crore from ₹7,564 crore in the year-ago period.

Hindustan Zinc Ltd is the world’s second-largest integrated zinc producer and the third-largest silver producer. The company supplies to more than 40 countries and holds a market share of about 75% of the primary zinc market in India.

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