Hindustan Zinc Eyes Foray Into Potash Mining

Hindustan Zinc has been awarded the Balepalyam Tungsten Block in Andhra Pradesh. It is eyeing to participate in the auction of all mineral blocks taking place in the country. Its Q4 net shot up to Rs 3,003 crore as against Rs 2,038 crore in year-ago period

New Delhi: Vedanta group firm Hindustan Zinc Ltd (HZL) plans to foray into potash mining and is eyeing a block in Rajasthan which has a fair chance of having lithium reserves also, a top official of the company said.

India heavily relies on potash imports and has been exploring ways to reduce its dependence on imports. India’s potash imports primarily come from countries like Russia, Canada, Belarus, and Israel.