Hindustan Zinc eyeing acquisitions in US, Europe in new growth push

Parent Vedanta has zinc assets in Namibia, South Africa and Ireland

Arun Misra, Hindustan Zinc CEO
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Arun Misra, Hindustan Zinc CEO

Viveat Susan Pinto Mumbai
Hindustan Zinc, a subsidiary of Vedanta, is looking to expand its operations to markets such as the US and Europe, in its next phase of growth, CEO Arun Misra said in a conversation with Business Standard.

The company, the world's second-largest zinc producer, proposes to do this by acquiring zinc assets in the US and/or Europe, Misra said, as it looks to get to a targeted mining capacity of 1.5-2 million tonnes per annum over the next few years. Most of the zinc assets are currently held by parent Vedanta in countries such as Namibia, South Africa and Ireland.

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First Published: Oct 24 2022 | 4:01 PM IST

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