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Hindustan Zinc receives govt approval for potash block in Rajasthan

Hindustan Zinc receives govt approval for potash block in Rajasthan

Time of India16-07-2025
Hindustan Zinc Limited has received a Letter of Intent (LOI) from the Ministry of Mines, Government of
India
, for the allocation of a potash and halite block in Hanumangarh district, Rajasthan. The company secured this block under Tranche V of the central government's e-auction held in May 2025.
This is one of the first potash blocks to be allocated in the country. The awarded block spans over 1,800 hectares and marks another step in the company's expansion into the critical minerals sector.
Earlier this month, the company received a separate LOI from the Government of Uttar Pradesh for a
Rare Earth Elements
(REE) block. It has now secured three critical mineral assets, including a tungsten and associated minerals block in Andhra Pradesh.
Arun Misra, CEO, Hindustan Zinc, said, 'At Hindustan Zinc, we have deep expertise in strategic mineral exploration. This acquisition is in line with our strategic foray into the critical minerals segment to support the nation's
mineral security goals
for rapid economic growth.'
Strategic importance of Potash
Potash is essential for manufacturing NPK fertilisers, which are widely used in Indian agriculture. India currently imports all of its potash requirements from countries such as Canada, Belarus, Jordan, and South Korea. The allocation of domestic potash blocks is intended to reduce import dependency and promote fertiliser self-reliance.
The recent acquisitions align with Hindustan Zinc's stated strategy to obtain mineral assets with long-term potential. The company plans to apply its internal exploration and mining expertise to develop these resources.
Hindustan Zinc, a Vedanta Group company, is the largest integrated zinc producer globally and holds around 77% share of India's primary zinc market. It is also among the world's top five silver producers.
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