The government of Tamil Nadu has stated that it has not received any application from Hindustan Zinc Limited (HZL), a subsidiary of Vedanta, for permission to mine tungsten across 5,000 acres in Madurai district. Furthermore, the state has not granted any such approval, a position reaffirmed on Thursday amid concerns about the ecological impact. The...
READ MOREVedanta-owned Hindustan Zinc reported a 35% increase in net profit for the July-September period, reaching ₹2,327 crore (approximately $280 million). This result exceeded the ₹2,256 crore ($272 million) predicted by a CNBC-TV18 poll, despite an exceptional loss of ₹83 crore ($10 million) during the quarter. The company’s revenue for the quarter rose by 22% year-on-year...
READ MOREHindustan Zinc has released its production figures for the second quarter of FY25, showcasing a notable increase in both mined and refined metal production. In the first half of FY25, the company achieved its highest-ever mined metal production, reaching 519,000 tonnes, a 2% rise compared to the same period last year. Refined metal output also...
READ MOREHindustan Zinc reported an increase in mined metal production for the July-September period, reaching 256,000 tonnes, a 2% rise compared to the same period last year. The company also announced an 8% increase in saleable metal production, totaling 262,000 tonnes for the quarter. Refined zinc production grew by 7% year-on-year, amounting to 198,000 tonnes in...
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