Latest news with #HindustanZincLimited
Business Upturn
28-05-2025
- Business
- Business Upturn
Hindustan Zinc declared preferred bidder for two critical mineral blocks in Rajasthan and Uttar Pradesh
Hindustan Zinc Limited (HINDZINC) has been declared the Preferred Bidder for two critical mineral blocks following participation in the Government of India's e-auction process. As per a company disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company participated in the Ministry of Mines' Tranche V auction for strategic and critical minerals, initiated via a Notice Inviting Tender dated January 20, 2025. According to a notification dated May 27, 2025, on the MSTC e-commerce auction platform, Hindustan Zinc secured the highest final price offers for the following blocks: Jhandawali – Satipura Amalgamated Potash and Halite Block, Rajasthan Final Price Offer: 3.05% Exploration Level: G3 Total Area: 1841.22 hectares Nawatola-Laband Rare Earth Elements (REE) Block, Uttar Pradesh Final Price Offer: 3.55% Exploration Level: G3 Total Area: 201.01 hectares The grant of the composite licenses is subject to fulfillment of specific conditions, including payment of performance bank guarantees, completion of formalities as per the tender terms, acquisition of regulatory approvals, and execution of related agreements. These developments are aligned with the Government of India's initiative to boost exploration and mining of critical and strategic minerals under the National Mineral Policy. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
28-05-2025
- Business
- Business Upturn
Hindustan Zinc declared preferred bidder for two critical mineral blocks in India
By Aman Shukla Published on May 28, 2025, 12:14 IST Hindustan Zinc Limited (HINDZINC) has been declared the Preferred Bidder for two critical mineral blocks following participation in the Government of India's e-auction process. As per a company disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company participated in the Ministry of Mines' Tranche V auction for strategic and critical minerals, initiated via a Notice Inviting Tender dated January 20, 2025. According to a notification dated May 27, 2025, on the MSTC e-commerce auction platform, Hindustan Zinc secured the highest final price offers for the following blocks: Jhandawali – Satipura Amalgamated Potash and Halite Block, Rajasthan Final Price Offer: 3.05% Exploration Level: G3 Total Area: 1841.22 hectares Nawatola-Laband Rare Earth Elements (REE) Block, Uttar Pradesh Final Price Offer: 3.55% Exploration Level: G3 Total Area: 201.01 hectares The grant of the composite licenses is subject to fulfillment of specific conditions, including payment of performance bank guarantees, completion of formalities as per the tender terms, acquisition of regulatory approvals, and execution of related agreements. These developments are aligned with the Government of India's initiative to boost exploration and mining of critical and strategic minerals under the National Mineral Policy. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
21-05-2025
- Business
- Business Upturn
Hindustan Zinc wins Composite License for 308.30 hectare Balepalyam Tungsten Block in Andhra Pradesh
Hindustan Zinc Limited (HZL), a Vedanta Group company and one of the largest integrated producers of zinc-lead and silver, has received a significant boost in its strategic mineral portfolio. The Government of Andhra Pradesh has issued a Letter of Intent (LoI) to HZL for the grant of a Composite License under Rule 18(1) of the Mineral Auction Rules, 2015. This LoI follows HZL emerging as the preferred bidder in the e-auction conducted by the Ministry of Mines, Government of India, for the Balepalyam Tungsten and Associated Mineral Block. The block spans an area of approximately 308.30 hectares in the Ananthapuram District of Andhra Pradesh. Im the exchange filing, the company shared, 'We wish to inform you that the Government of Andhra Pradesh has issued Letter of Intent (LoI), under Rule 18(1) of the Mineral Auction Rules 2015, to Hindustan Zinc Limited, the preferred bidder for grant of Composite License for e-auction of Balepalyam Tungsten and Associated Mineral Block conducted by Ministry of Mines, Government of India over an extent of 308.30 Hectares in Ananthapuram District.' This development marks a key milestone in Hindustan Zinc's strategy to diversify into critical and strategic minerals, especially tungsten, which is essential for defense, aerospace, and electronics industries. The acquisition is expected to strengthen India's domestic supply chain and reduce import dependence for this critical resource. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
The Hindu
17-05-2025
- Business
- The Hindu
Indian Institute of Petroleum and Energy holds fifth convocation in Visakhapatnam
The Indian Institute of Petroleum and Energy (IIPE), Visakhapatnam, held its fifth annual convocation at a hotel here on Saturday. A total of 51 degrees were awarded, including 2 15 in Applied Geology, and 34 degrees (eight in Petroleum Engineering and 26 in Chemical Engineering). Hindustan Zinc Limited CEO & whole-time director Arun Misra was the chief guest. IIPE Board of Governors president P.K. Banik presided over, while IIPE Director Shalivahan and Register Ram Phal Dwivedi among others were present. Albert Izack Mohanty ( Chemical Engineering) was awarded the President's Gold Medal for academic excellence and all-round merit. Gold and silver medals for academic excellence were presented to Chemical Engineering students Ahjoliya Nandish Amitkumar (gold) and Ayush Gupta (silver), Petroleum Engineering students Biswajit Pati (gold) and Bokam Srirama Manikanta Ganesh (silver), and Applied Geology students Debasis Sahu (gold) and Sujata Majhi (silver). A new medal recognising gender diversity, titled Outstanding Girl Student medal, was introduced and awarded to Sujata Majhi. Prof. Shalivahan spoke on the institute's major milestones, including the launch of the ₹150 crore worth IIPE-Magnivia Business & Energy Research Park among others. He noted the IIPE's growing international footprint, with 15% international projects and global electives, establishing it as a rising thought leader in the energy domain. Prof. Paritosh K. Banik emphasised the country's need for a green energy transition and IIPE's pivotal role in driving sustainable innovation. He urged graduates to work with industry and policy stakeholders to address critical energy challenges. Mr. Arun Misra, in his keynote adress, encouraged students to stay curious and think differently. Citing examples from Hindustan Zinc's innovation journey, he emphasised the role of technologies like AI and hydrogen in shaping a sustainable energy future.
Time of India
06-05-2025
- Business
- Time of India
Hindustan Zinc advances research in zinc-based battery technologies
Hindustan Zinc Limited is progressing in the development of zinc-based battery technologies through partnerships with leading Indian research institutions. Early-stage research indicates the possibility of future commercial viability for these alternatives to lithium-based systems. Zinc batteries are being explored as a solution to challenges related to lithium supply, including cost and geopolitical dependence. These systems operate across a wide temperature range, have a longer cycle life, are non-flammable, and use recyclable materials. They are being studied for applications in sectors such as aerospace, renewable energy, data centres, and critical infrastructure, and can provide backup power for durations ranging from 3 to 72 hours. Focus on zinc-ion and zinc-air battery development Hindustan Zinc signed a memorandum of understanding with the Jawaharlal Nehru Centre for Advanced Scientific Research ( JNCASR ), Bengaluru, in August 2024 to develop Zinc-Ion batteries. Professor Prem Senguttuvan, associated with the project, said, 'The team is focusing on novel zinc anode formulations, coupled with advanced electrolytes. We have made noteworthy progress in electrode/electrolyte interface engineering, which is very encouraging.' A second collaboration, formalised in October 2024 with the Indian Institute of Technology (IIT) Madras, is focused on designing a 1 kWh rechargeable Zinc-Air battery using a 6/12-cell stack. Professor Aravind Kumar Chandiran, who is leading the project, stated, 'These batteries are an emerging solution for electric vehicles, grid-scale energy storage and consumer electronics.' Hindustan Zinc is also working with US-based battery manufacturer AEsir Technologies on nickel-zinc battery technology, providing technical inputs, specialised alloys, and commercial support. Arun Misra , Chief Executive Officer, Hindustan Zinc commented, 'The battery segment is primed for innovation as the world shifts towards long-lasting and environmentally friendly energy sources. We at Hindustan Zinc are poised to play a key role in supporting this transition through the production of critical metals like zinc. Our collaborations with two of India's premier research institutes reflect our commitment to advancing cutting-edge innovations that can redefine the future of energy storage. Batteries have the potential to accelerate this shift through energy storage and we aim to drive responsible innovation and long-term impact across the value chain.' Hindustan Zinc is leveraging its metallurgical and electrowinning capabilities, along with its expertise in electrodes and performance materials, to support the development and scale-up of zinc-based batteries for industrial use.
