Hindustan Zinc Ltd Company History

A small lead smelting pilot plant was set up at Tundoo near Dhanbad in Bihar.

Metal Corporation of India (MCI) was formed and all the assets of the Company were transferred to MCI.

The Government of India surrendered the mining rights over Zawar to Mewar durbar and MCI obtained the prospecting licence for 2 years and in 1950 obtained a mining lease.

MCI obtained licence for production of 9,000 tpa of lead and 5,40,000 Ozs of silver p.a.

The company was Incorporated 10th January, in Rajasthan. The Company is a producers of Zinc and lead from the Company's Mines and Smelters.

Facilities for production of cobalt and indigenous lead-zinc ores were commissioned during the year. In-house technology for the recovery of cobalt was made possible through R&D and Cooperation with BARC.

The application for prospecting licence for gold for Bhukia Jagpura Banswara District and Dungarpur District Rajasthan was subletted to Rajasthan Government.

40,37,31,900 shares disinvested in favour of Mutual Funds and Financial Institutions. The Company allotted 188,00,000 shares to the President of India in 1992.

The Company entered into a MOU with BHP minerals Ltd., Australia for joint venture project for exploration of base precious minerals in Rajasthan. Another MOU was entered into with Vigego, Vietnam and La-Sarce France for a joint venture project for exploration at Pac-Lang

Gold prospect in Vietnam.

The Company decided to develop Sindesar Khurd Lead-Zinc Silver deposit in Rajsamand, Rajasthan as a replacement mine to Rajpura-Dariba with a capacity to produce 1000 tpd Ore. The Company closed its Degana Tungstan Mine in Rajasthan as its operations became uneconomical.

Hindustan Zinc Ltd and Rajasthan State Mines and Minerals Ltd (RSMML) signed a memorandum of understanding of set up a Rs.3,300 crore power project near Udaipur in Rajasthan.

Hindustan Zinc Ltd (HZL) has entered into a memorandum of understanding for 1997-98 with the Government of India.

Public sector Hindustan Zinc has entered into three separate agreements with international mining majors for diversification into mining and prospecting of previous minerals in India and abroad.

The company has formed a joint venture with BRMG of France and Vietnam Rare & Precious Minerals Corporation (VMC) to explore and develop gold mines in the Southeast Asian country.

The company's second joint venture is with Nuigini Mining for exploration of gold in Andhra Pradesh, Uttar Pradesh, Madhya Pradesh and Karnataka.

The company's third joint venture is with the Australian major, Broken Hill Proprietaries for prospecting of non-ferrous metals like zinc, lead, copper as well as gold in Rajasthan.

Hindustan Zinc Ltd (HZL), a public sector enterprise under the Ministry of Mines, has entered into a memorandum of understanding (MoU) with BHPM, Australia, for grassroot exploration of zinc and lead along with other precious minerals in Rajasthan.

HZL has also entered into a MoU with CSIR for setting up a nickel technology proving plant (TPP) for extraction of nickel from overburden of chromite at Sukhinda mines in Orissa.

HZL is likely to install a new zinc smelter with a capacity of around 60,000 to 1,00,000 tonnes, work for which will be initiated in 1998-99 and the plant is likely to be commissioned by the end of the Ninth Plan or early Tenth Plan.

HZL is also negotiating with another Australian company Pasminco for grassroot exploration of Ajmer district in Rajasthan.

HZL has signed MoUs with three foreign companies - BHP Mining and Nuigini Mining (NML) for exploration and exploitation of base and precious metals in India and BRGM/VMC for gold prospecting in Vietnam.

The Rampura-Agucha mines of Hindustan Zinc Limited (HZL) has been awarded ISO 9002 certificate for quality management system by SGS Yarsley International Certificate Services Limited.

Crisil has assigned a P1+ rating to the Rs.10-crore short-term deposit programme of Hindustan Zinc.

The Foreign Investment Promotion Board (FIPB) has approved a joint venture proposal of Australian mining giant, BHP, and the State owned Hindustan Zinc Ltd (HZL) to mine base metals in Rajasthan.

The power plant is being set up in joint venture with the state-owned Rajasthan State Mines and Minerals Ltd.

Public sector Hindustan Zinc Limited (HZL) will set-up a 100 mega watt (mw) captive power plant in Rajasthan to meet its power requirement for existing mines in the region.

Rashtriya Chemicals & Fertilisers (RCF), Hindustan Zinc (HZL) and Rajasthan State Mines & Minerals (RSMML) have signed a memorandum of understanding for a Rs 300-crore diammonium phosphate (DAP) project in Rajasthan.)

Public sector Hindustan Zinc has commenced closure of loss-making units as part of its strategy for improving valuation of the company prior to its privatisation.

The US$1.3 billion Sterlite Group (Sterlite) announces that it has been declared the successful bidder for the acquisition of a 26% equity stake in Hindustan Zinc Ltd (HZL) for Rs 4450 million ($91.30 m) through Sterlite Opportunities and Ventures Ltd, a Special Purpose Vehicle set up for the same.

Sterlite Industries India Ltd has informed that US $ 1.3 billion Sterlite Group,on April 11, 2002 made payment of Rs 4450 million to the Govt. of India and completed the acquisition of 26% stake in Hindustan Zinc Ltd.

Hindustan Zinc Ltd has the following changes in management structure:

Directors ceased Mr B N Mittal Chairman-MD Mr A N Mittal Director Dr Vinayahil Gautam Director Dr S K Gupta Director.

Directors nominated on behalf of strategic partner ie Sterlite opportunities and ventures Ltd w e f April 11, 2002. Mr K K Kaura Managing Director,Mr Anil Agarwal Additional DirectorMr Navin Agarwal Additional Director,Mr Tarun Jain Additional Director, Mr C V Krishnan Additional Director,Mr C A Sundaram Additional Director.

Govt. Nominee Directors w e f April 11, 2002;Dr A K Kundra Chairman, Mr A C Wadhawan Director,Mr Nand Kishore Shukla Director.

Mr C Sankaran, Company Secretary & GM has been nominated as Compliance Officer by the Board.

Govt of India has disinvested 26% of the paid up capital of theHindustan Zinc Ltd ie 109858294 number of shares along with management control in favour of Sterlite Opportunities and Ventures Ltd (SOVL).

HZL's Zinc Smelter, Vishakapatnam is accredited with ISO 9000:2000 certification for its quality management system for manufacturing primary zinc, cadmium metals and sulphuric acid through hydro metallurgical process.

Hindustan Zinc Ltd registered a 113.58% growth in its net profit.

HZL, a part of Sterile Group has raised $12 million worth of ECBs for its ambitious Capacity Expansion (Capex) programme.

Hindustan Zinc Ltd has informed that Mr Aditya Narayan has jointed the Sterlite Group and will take responsibility as Managing Director of the Company from Mr K K Kaura, CEO Sterlite

35,000 tonnes of zinc debottlenecking completed at Chanderiya Smelter Complex

Hindustan Zinc Ltd informes the inauguration of the Company's New Zinc Smelter at Chanderiya in Rajasthan with a production capacity of 170000 Tons Per Annum and 154 MW Captive Power Plant

Hindustan Zinc Ltd has given Greentech Environment Excellence Silver Award for 2004-2005 in metal sector for its environment management

Rampura Agucha Mine expansion from 2.30 million tonnes per annum to 3.75 million tonnes per annum

HZL picks up `Golden Peacock' award

Commissioned 170,000 tonnes per annum of Hydrometallurgical Zinc Smelter (Hydro I) at Chanderiya Smelter Complex

Commissioned 2 X 77 MW Captive Power Plant at Chanderiya Smelter Complex

Commissioned 50,000 tonnes per annum of Ausmelt Lead Smelter at Chanderiya Smelter Complex

Hindustan Zinc Ltd has appointed Shri. Sanjiv Kumar Mittal, Joint Secretary & Financial Adviser, Ministry of Mines as Government Nominee Director on the Board of the Company with immediate effect in place of Shri. Sujit Gulati.

Hindustan Zinc Ltd has informed that the President of India vide letter dated November 28, 2007 appointed Shri. A K Singh, Director, Ministry of Mines as Government Nominee Director on the Board of the Company with immediate effect.

Sindesar Khurd Mine began production with an initial production capacity of 0.3 million tonnes per annum

Commissioned 38.4 MW of Wind Energy Farms at Gujarat

Commissioned 170,000 tonnes per annum of Hydrometallurgical Zinc Smelter (Hydro II) in a benchmark time of 20 months at Chanderiya Smelter Complex

Commissioned 80 MW Captive Power Plant at Chanderiya Smelting Complex

5,000 tonnes of zinc debottlenecking completed at Debari Zinc Smelter

Commissioned 50.4 MW of Wind Energy Farms at Gujarat

Rampura Agucha Mine expansion from 3.75 million tonnes per annum to 5.00 million tonnes per annum making the total mining capacity of the Company to 7.40 million tonnes per annum

88,000 tonnes per annum zinc debottlenecking competed at Chanderiya Smelter Complex & Debari Zinc Smelter making the total metal production capacity to 754,000 tonnes per annum

Commissioned 80 MW Captive Power Plant at Zawar Mines

Commissioned 34.4 MW Wind Energy Farms making the Company's total Wind Energy capacity to 123.2 MW.

Rampura Agucha Mine expansion from 5.00 million tonnes per annum to 6.00 million tonnes per annum, increasing the total mining capacity of the Company to 8.40 million tonnes per annum.

Commissioned the 210,000 tonnes per annum Hydrometallurgical Zinc Smelter at Rajpura Dariba, increasing the Zinc & Lead metal production capacity to 964,000 tonnes per annum (879,000 tonnes of Zinc and 85,000 tonnes of Lead).

Commissioned 1.50 million tonnes per annum concentrator at Silver-rich Sindesar Khurd Mine.

Commissioned 160 MW (80X2) Captive Power Plant at Dariba Smelting Complex.

Around 48 MW addition in wind power generation capacity.

Company has splits its Face value of Shares from Rs 10 to Rs 2

Hindustan Zinc has given the Bonus in the Ratio of 1:1

Ramped-up Sindesar Khurd mine to 2.0 mtpa capacity.

Commissioned the 100 ktpa Lead smelter at Dariba, increasing the Lead production capacity to 185 ktpa.

Commissioned new Silver refinery, increasing the Silver refining capacity to 500 tpa.

Commissioned 102MW expansion in wind power, increasing total wind power generation capacity to around 274MW.

Commenced underground mine development work at Rampura Agucha mine and greenfield Kayar mine.

Hind. Zinc - Board recommends Final Dividend

Hindustan Zinc Ltd., Akhilesh Joshi has been awarded with the MEAI-Adheraj Baldota Memorial Gold Medal Award-2012

Hindustan Zinc Limited Commissions Sewage Treatment Plant at Udaipur

Hindustan Zinc awarded with Significant Achievement in HR Excellence by CII

Hindustan Zinc and Cairn India signed MoUs with Rajasthan Government

Hindustan Zinc (HZL) has installed refuge chambers inside its underground mines in the state of Rajasthan

Hindustan Zinc Board declares Special Golden Jubilee Dividend

Hindustan Zinc gets EC amended to scale up production

Hindustan Zinc declared interim dividend

HZL special dividend credit positive for Vedanta Resources

Hind. Zinc - Hindustan Zinc Ranks 1St Globally In Environment Category By DJSI World.

Hindustan Zinc receives 1st Edition of CNBC- Awaaz Rajasthan Ratna Award.

Hindustan Zinc was awarded at Indywood Built in India Excellence Awards 2018 under the Metals and Minerals category by Indywood and Govt. of Telangana State as part of Project Indywood.

Rajasthan Government recognizes Hindustan Zinc as Best Organization working for Persons with Disabilities

Hindustan Zinc received Great Place to Work-CertifiedTM by Great Place to Work Institute.

Hindustan Zinc received IEI (Institution of Engineers India) Centenary Industry Excellence Award 2019.

Hindustan Zinc’s Legal Department received ‘Legal Team of the Year 2019’ award at the 2nd Edition of Future of Legal Summit and Awards 2019

Hindustan Zinc Wins ‘Prize for Leadership in HR Excellence’ at 12th CII National HR Excellence Award

Hindustan Zinc receives honorary mention in Skillsoft Perspective 2021 India Awards under category Digital Dexterity Award

Hindustan Zinc extends support by providing Oncology Vehicle to Rabindra Nath Tagore Medical Institution, Udaipur.

Hindustan Zinc Wins ‘Company with Great Managers’ Award for the third time in a row.

Hindustan Zinc Ranks ‘A-’ in Climate Change and Water Security by CDP.

Hindustan Zinc Ranks among the Top 3 Sustainable Companies Globally in Metal and Mining Sector.

Hindustan Zinc Hosts 51st All India Mining Rescue Competition.

Hindustan Zinc partnered with Inland EV Green Services for the deployment of EV trucks for green logistics.

Hindustan Zinc Football Academy bags All India Football Federation's topmost 'ELITE 3-STAR RATING'.

Hindustan Zinc partners with GreenLine for the deployment of LNG-Powered trucks for logistics.

Hindustan Zinc Accelerates Business Processes through SAP S/4 HANA.