Hindustan Zinc Limited (HZL) is an Indian integrated mining and resources company focused on zinc, lead, and silver production. Headquartered in Udaipur, Rajasthan, it is among the world’s largest zinc producers and one of India’s leading non-ferrous metal firms. It plays a central role in India’s mineral self-sufficiency and industrial supply chains.

Key facts

• Founded: 1966

• Headquarters: Udaipur, Rajasthan, India

• Parent company: Vedanta Limited

• Core products: Zinc, lead, silver, cadmium, sulfuric acid

• Ownership: Majority stake held by Vedanta Resources

History and ownership

Hindustan Zinc was established in 1966 as a public sector enterprise under the Government of India to develop domestic zinc and lead resources. In 2002, the government divested a 26% stake to Sterlite Industries (later part of Vedanta Limited), which has since become the controlling shareholder. The Indian government retains a minority holding, with further disinvestment periodically discussed.

Operations and facilities

HZL operates a fully integrated setup from mining to metal production. Its key mining assets include Rampura Agucha Mine—one of the world’s largest zinc-lead deposits—along with mines at Zawar, Rajpura Dariba, Kayad, and Sindesar Khurd. Major smelting facilities are located in Chanderiya, Debari, and Dariba in Rajasthan, employing advanced technology for high recovery rates.

Products and markets

The company produces refined zinc and lead metals used in galvanization, batteries, and alloys, and is also a major silver producer through byproduct recovery. HZL exports to several global markets while supplying domestic industries such as construction, automotive, and infrastructure.

Sustainability and impact

Hindustan Zinc emphasizes renewable energy adoption, water recycling, and tailings management. It operates wind and solar power plants in Rajasthan and Gujarat and has committed to achieving net-zero emissions by 2050, aligning with national sustainability goals.

Indonesia has introduced new regulations that centralize exports of key strategic commodities such as coal, ferroalloys, and other resources through state-controlled channels. The move aims to increase national revenue and strengthen economic control over exports.

Why it matters:

• Could affect global metal supply chains.
• May influence nickel and ferroalloy prices.
• Important development for export-import businesses.

Lithium prices have surged significantly in 2026 after supply disruptions at a major Chinese mine. The rally has boosted interest across the battery metals sector, including lithium, nickel, cobalt, and other strategic materials used in electric vehicles and energy storage. Analysts remain cautious about whether the rally can be sustained later in the year.

Why it matters:

Positive for battery-metal producers.
Supports strategic metals demand.
Impacts EV and renewable energy supply chains.