Vedanta Limited is India’s largest and world’s second largest zinc-lead miner. With more than 50 years of operational experience, we give highest priority to safety of our people and conservation of scarce natural resources through technology and innovation. Our fully integrated zinc operations currently hold 78% market share in India’s primary zinc industry. We are among the Top 10 silver producers globally with an annual capacity of 21 moz (600 tonnes).
The demand for zinc in India is robust with 70% of it coming from galvanizing sector which is witnessing rising penetration of galvanized steel in domestic car models. The ongoing restructuring of the steel industry and adherence to upcoming IS277 coating standards bodes well for zinc consumption in India. Alloys & die cast alloys have increasingly been finding applications across sectors. Zinc demand in India will be a beneficiary of higher construction spending with projects under metro rail, Smart Cities Mission and Swachh Bharat Abhiyaan (Clean India Mission) driving investments in urban infrastructure.
Vedanta Ltd owns 64.9% stake in Hindustan Zinc Limited (HZL), while the Government of India retains a 29.54% stake; HZL is listed on the NSE and BSE in India.
Hindustan Zinc’s operations comprise five lead-zinc mines, one rock phospate mine, four hydrometallurgical zinc smelters, two lead smelters, one pyro metallurgical le
ad-zinc smelter as well as sulphuric acid and captive power plants in northwest India. It has facilities located in Rampura Agucha, Chanderiya, Dariba, Kayad and Zawar in the state of Rajasthan, along with zinc-lead processing and refining facilities and a silver refinery at Pantnagar in the state of Uttarakhand.
HZL has built a sustainable underground mining business capable of delivering superior business performance. The financial year 2018 marked the completion of operations at Rampura Agucha open cast. We are proud of the seamless and one of the most successful transitions globally from a predominantly open cast operation to a fully underground mining company.
HZL’s mining projects are progressing in line with the expectation of reaching 1.2 million tonnes per annum of mined metal capacity in FY2020. Further, it has undertaken Phase I of next phase of expansion which will take mined metal capacity from 1.2 million tonnes to 1.35 million tonnes per annum with matching smelting capacity over next three years. Phase I will be done concurrently with the ongoing mining expansion, which is now in its final stages and will take total annual ore production capacity from 17.7 million MT in FY 2020 to 20.4 million MT.