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| Company type | Public |
|---|---|
| Industry | |
| Founded | 1966; 60 years ago (1966) |
| Headquarters | Udaipur,Rajasthan, India |
Area served | India |
Key people | |
| Products | |
| Revenue |  ₹34,083 crore (US$4.0 billion) (2025)[2] |
| ₹17,465 crore (US$2.1 billion) (2025)[2] | |
| ₹10,353 crore (US$1.2 billion) (2025)[2] | |
| Total assets | ₹34,490 crore (US$4.1 billion) (2025) |
| Total equity |  ₹13,326 crore (US$1.6 billion) (2025) |
Number of employees | 25,531 (including Contractuals) (2025) |
| Parent | Vedanta Limited (64.92%)[3] Government of India (35.08%) |
| Website | hzlindia.com |
Hindustan Zinc Limited (HZL) is an Indian integrated mining and resources producer ofzinc,lead,silver andcadmium. It is a subsidiary ofVedanta Limited.[4] Earlier it was aCentral Public Sector Undertaking, sold byGovernment of India toVedanta Limited whenAtal Bihari Vajpayee andBharatiya Janta Party Government was in power in the year 2003. HZL is the world's second largest zinc producer.[5]
Hindustan Zinc Limited was incorporated from the erstwhile Metal Corporation of India on 10 January 1966 as aPublic Sector Undertaking (PSU).
In 2001, as part of theGovernment of India'sdisinvestment program of loss-making PSUs, the company was put up for sale.[6][7]
In April 2002, Sterlite Opportunities and Ventures Limited (SOVL) made an open offer for acquisition of shares of the company; consequent to thedisinvestment ofGovernment of India's (GOI) stake of 26% including management control to SOVL and acquired additional 20% of shares from public, pursuant to theSEBI Regulations 1997. In August 2003, SOVL acquired additional shares to the extent of 18.92% of the paid up capital from GOI in exercise ofcall option clause in the share holder's agreement between GOI and SOVL.[citation needed]
With the above additional acquisition, SOVL's stake in the company went up to 64.92%. Thus GOI's stake in the company now stands at 29.54%. SOVL was merged with Sterlite Industries India Ltd in April 2011.[8]
Sterlite Industries merged withSesa Goa Ltd to form Sesa Sterlite Limited in August 2013. Sesa Sterlite was renamed to Vedanta Limited in April 2015.[9][better source needed] Hindustan Zinc is a direct subsidiary ofVedanta Limited.
HZL operates the world's third largestopen-pit mine, and the world's largest zinc mine inRampura Agucha,Rajasthan. Other mines owned by HZL are located inRajpura andDariba, Sindesar Khurd, Kayad and Zawar, all in Rajasthan.[citation needed]
HZL operates Zinc and Lead smelters and refineries atChanderiya (Chittorgarh), Debari (Udaipur) & Dariba (Rajsamand) inRajasthan with total zinc and lead production capacity of 10lakh tonnes. A smelting facility was established atPantnagar inUttarakhand. It was initially intended to serve as a smelting facility for Silver production, but later Zinc and Lead melting and casting plants were also established here. The total metal production was 8,80,000 tonnes for year 2014–2015.[10][better source needed] It also has zinc smelter inVisakhapatnam,Andhra Pradesh, where operations have been suspended since February 2012.[11][better source needed]
Zinc Football Academy is an Indian professional football academy club based in Zawar a mining town inUdaipur,Rajasthan. The club competes inR-League A Division, the top-tier league of the state. The club is owned by Hindustan Zinc Limited Group. Zinc FA is the current champions ofR-League Season.[citation needed]
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