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Hindustan Zinc Limited (HZL) is an Indian integrated mining and resources producer of zinc, lead, silver and cadmium.It is a subsidiary of Vedanta Limited. [4] Earlier it was a Central Public Sector Undertaking, sold by Government of India to Vedanta Limited when Atal Bihari Vajpayee and Bharatiya Janta Party Government was in power in the year 2003.
Hindustan Zinc: HZL is headquartered in Udaipur in the state of Rajasthan. HZL's equity shares are listed and traded on the NSE and BSE. Vedanta owns 64.9% of the share capital in HZL and has management control. Sterlite has a call option to acquire the government of India's remaining ownership interest. [35]
Hindustan Media Ventures Limited NSE: HINDMOTORS: Hindustan Motors Limited NSE: HINDOILEXP: Hindustan Oil Exploration Company Limited NSE: HINDPETRO: Hindustan Petroleum Corporation Limited NSE: HINDUNILVR: Hindustan Unilever Limited NSE: HINDZINC: Hindustan Zinc Limited NSE: HINDNATGLS: Hindustan National Glass & Industries Limited: NSE ...
The company was founded in Bombay (now Mumbai) in 1976 by Anil Agarwal, as a scrap-metal dealership. [9] In 1979, he acquired the Shamsher Sterling Corporation (subsequently renamed Sterlite Industries), a manufacturer of power and control cables. [10] The company acquired a majority stake in Balco, the Indian state aluminium business, in 2001 ...
It was concluded that this method showed a greater than 90% extraction of zinc found in tailings. [10] This is a much higher recovery of zinc compared to more traditional methods such as bioleaching and conventional heating. [10] This also provides a viable economic retrieval method to be used for the Rampura Agucha mines tailings for zinc. [10]
In 2001, he acquired 51 percent in Bharat Aluminium Company (BALCO) for an amount of INR 551.50 crore, [17] a public sector undertaking; in the very next year, he acquired a majority stake (nearly 65 per cent) in state-run HZL(Hindustan Zinc Limited). Both the companies were considered sleepy and inefficient mining firms.
Zawar is a township created by mining company Hindustan Zinc Limited, for extraction of zinc and lead. An 80 MW power plant provides electricity for mining zinc and lead from three major mines. There is also a large football stadium which annually hosts a national soccer tournament in January.
The company's main operating subsidiaries are Hindustan Zinc Limited for its zinc and lead operations; Copper Mines of Tasmania Pty Limited for its copper operations in Australia; and Bharat Aluminium Company Limited for its aluminium operations. It also operates a copper mine in Australia. [12]