UDAIPUR (India CSR): Hindustan Zinc Limited, India’s only and the world’s largest integrated zinc producer, 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 license from the State Government. The development marks a significant milestone in Hindustan Zinc’s strategic pursuit of expanding its presence beyond zinc, lead, and silver into the domain of critical and high-value minerals that are essential for advanced manufacturing and industrial applications. With this achievement, the company continues to build on its legacy of responsible mining and exploration, reinforcing its commitment to contribute meaningfully to India’s vision of self-reliance by strategically building a multi-metal portfolio.
Earlier this year, the company had been declared the preferred bidder through a competitive auction process conducted by the Union Government. With all required documentation and statutory clearances now completed, the formal grant of the composite license marks the culmination of the process and a significant step forward in Hindustan Zinc’s efforts to diversify its mineral portfolio and enhance its exploration capabilities across the country.
Speaking on the development, Arun Misra – CEO, Hindustan Zinc, said, “We are pleased to be officially announced as the successful bidder for the tungsten block in Andhra Pradesh. The successful completion of this process reflects our unwavering commitment to responsible exploration, technological excellence and long-term value creation for all stakeholders. 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. As we progress on this path, Hindustan Zinc will continue to explore and develop the metals and minerals that India needs to become truly self-sufficient and future-ready.”
The acquisition of this tungsten block represents a significant advancement in Hindustan Zinc’s long-term strategy to strengthen its mineral resource base and participate in India’s critical minerals landscape. By securing this block, the company continues to align its growth ambitions with the national vision of building a self-sufficient and globally competitive mining sector.
This development further reinforces Hindustan Zinc’s leadership in the country’s natural resources domain and marks an important chapter in its continued journey toward sustainable and responsible growth.
(India CSR)
Also read in hindi: हिन्दुस्तान जिंक आंध्र प्रदेश में टंगस्टन ब्लॉक की सफल बोलीदाता बनी
