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Hindustan Zinc Ltd (HZL) on Saturday said it has received the licence to explore and mine a tungsten block in Andhra Pradesh by the state government. This marks an important milestone for the Vedanta Group company as it looks to expand beyond zinc, lead, and silver into critical and high-value minerals essential for advanced manufacturing. "Hindustan Zinc Ltd has been officially announced as the successful bidder for a tungsten and associated mineral block in Andhra Pradesh, following the receipt of the formal composite licence from the state government," the company said in a statement. A composite licence in mining is a single, two-stage concession that grants both the right to explore for minerals and the right to mine them if the exploration is successful. Earlier this year, the company had been declared the preferred bidder through a competitive auction process conducted by the Centre. "This milestone marks another step forward in Hindustan Zinc's journey of expanding its min
Vedanta group firm Hindustan Zinc Ltd on Friday reported a 13.8 per cent increase in consolidated net profit at Rs 2,649 crore for quarter ended September 30, 2025. The company had posted consolidated net profit of Rs 2,327 crore in the year-ago period. The consolidated income of the company in the July-September period increased to Rs 8,787 crore, over Rs 8,522 crore in the corresponding quarter of the previous financial year. Hindustan Zinc Ltd is a leading integrated zinc producer and is amongst the top five silver producers globally. The company supplies to more than 40 countries and holds a market share of about 77 per cent of the primary zinc market in India.