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Vedanta group firm Hindustan Zinc Chairperson Priya Agarwal Hebbar on Monday said technology will be crucial to the company's next phase of growth, with increased investments in automation, artificial intelligence, advanced analytics, and intelligent mining systems to improve productivity, precision, and safety. "Our ambition is to become a future-ready energy transition company, building strength across multiple metals and critical minerals that support India's industrial growth and strengthen global supply chains," she said while addressing shareholders at the company's 60th Annual General Meeting (AGM). The company is positioning itself for the next phase of the global energy transition by expanding beyond zinc and foraying into critical minerals, downstream manufacturing and technology-led mining, according to the Chairperson. Hebbar said that shifting geopolitics, artificial intelligence, evolving global supply chains and the energy transition are fundamentally reshaping the ..
At least 25 companies, including JSW Group, Vedanta, Hindustan Zinc Ltd (HZL) and NLC India, participated in a pre-bid conference for the Rs 7,280-crore scheme to promote the manufacturing of sintered rare earth permanent magnet called by the heavy industries ministry on Tuesday, sources said. The government will select a maximum of five entities through the bidding, with each entity setting up facilities of up to 1,200 MTPA, aggregating to a total of up to a maximum capacity of 6,000 MTPA. "We welcome the Ministry of Heavy Industries' forward-looking scheme to promote rare earth permanent magnet manufacturing, a crucial component for industries like EV, aerospace, defence, and consumer electronics. We are assessing the opportunity as this initiative aligns with our focus on critical minerals and presents a horizontal expansion opportunity," a Vedanta Spokesperson told PTI. On March 20, the heavy industries ministry invited bids for setting up manufacturing facilities for 6,000 metr