Hindustan Zinc (HZL), a Vedanta Group company, is set to diversify into potash mining and is targeting a promising block in Rajasthan, which also shows potential for lithium reserves. This move is part of HZL’s strategic plan to reduce India’s heavy dependence on imported potash.

Expanding beyond its traditional portfolio of zinc, lead, and silver, HZL aims to venture into critical minerals of strategic importance. CEO Arun Misra emphasized the company’s commitment to broadening its mineral base, including potash and other critical minerals. 

Recently, HZL was declared the preferred bidder for the Dugocha gold block in Rajasthan and secured the Balepalyam tungsten block in Andhra Pradesh, further strengthening its position in the precious and strategic minerals sector. 

The company, through its exploration arm Hindmetal Exploration Services, plans to participate actively in all upcoming mineral block auctions across India, aiming to become the country’s largest private explorer.