Hindustan Zinc Calls Government Stake Sale Media Reports Speculation
Hindustan Zinc has denied having any knowledge of the reported government plan to sell a 2% stake worth up to 50 billion rupees (~$525 million), labelling media reports as speculation. The company clarified it has received no formal details about the proposed divestment, which had been linked to the government's broader share sale considerations in state-linked entities.
Hindustan Zinc Co-CEO Targets Addition of 3 Rare Earth Metals Through 10-Block Exploration Program
Hindustan Zinc's Co-CEO has announced plans to add three new rare earth metals to the company's portfolio over five years through exploration of 10 mineral blocks. This strategic expansion initiative aims to diversify the company's metal production capabilities and capitalize on growing rare earth market opportunities.
27Apr 26
Vedanta Group Re-examines Hindustan Zinc Demerger Proposal While Focusing on Main Demerger
Vedanta Group is re-examining the Hindustan Zinc demerger proposal while maintaining its primary focus on the ongoing Vedanta demerger process. The group appears to be evaluating multiple strategic restructuring options in a phased approach, with the main Vedanta demerger taking current priority over the Hindustan Zinc proposal.
27Apr 26
Hindustan Zinc to Announce Phase 2 Expansion Plans in July-August Board Meeting
Hindustan Zinc will announce its Phase 2 expansion plans during the July-August board meeting. This strategic development represents the company's commitment to scaling operations and expanding its business footprint. The announcement will provide important details about the company's growth trajectory and future strategic direction.
27Apr 26
Hindustan Zinc Projects Silver Business to Generate 50% of Total EBITDA
Hindustan Zinc has announced that its silver business segment is projected to generate 50% of the company's total EBITDA, marking a significant milestone in the company's diversification strategy. This substantial contribution highlights the strategic importance of precious metals operations within the company's portfolio and demonstrates successful development of silver business as a major earnings driver alongside traditional operations.
27Apr 26
Hindustan Zinc Sets FY27 Silver Production Goal Of 680 Tons, Aiming For 830 Tons By 2029
Hindustan Zinc has announced strategic silver production targets of 680 tons by FY27 and 830 tons by 2029. The phased approach demonstrates the company's commitment to expanding its precious metals operations and strengthening its market position in the silver segment.
Hindustan Zinc Sets FY27 Mined Metal Production Target at 1,150 KT, Fertiliser Plant Completion Expected by Q2
Hindustan Zinc has set its FY27 mined metal production guidance at 1,150 KT while announcing that its 510 KTPA fertiliser plant is expected to be completed by Q2. These developments highlight the company's focus on maintaining strong production capacity in its core mining business while expanding into the fertiliser segment.
24Apr 26
Hindustan Zinc Plans $500-600 Million Growth Capex for FY27
Hindustan Zinc has outlined growth capital expenditure plans of $500-600 million for FY27. This substantial investment commitment reflects the company's strategic focus on expansion and operational enhancement, with funds specifically allocated for growth initiatives rather than maintenance activities.
HSBC Maintains Buy Rating on Hindustan Zinc with Target Price ₹720 Amid Supply Disruptions
HSBC maintains its Buy rating on Hindustan Zinc with a target price of ₹720, supported by Middle East supply disruptions bolstering metals prices. The brokerage raised LME aluminium forecasts by 10% for CY26 to $3,524 per tonne and 8% for CY27 to $3,500 per tonne, with an average expectation of ~$3,300 per tonne through CY30, indicating upside risks to earnings.
LME Zinc Orders Surge 20,225 Tons in Biggest Increase Since July
The London Metal Exchange experienced a major surge in zinc orders, increasing by 20,225 tons in what represents the biggest jump since July. This significant development highlights strengthening demand dynamics in the global zinc market and serves as an important indicator of industrial metal trading activity on the world's premier metals exchange.
Hindustan Zinc Shares Plunge 7% as Vedanta Offloads Stake in Block Deal
Hindustan Zinc's shares dropped nearly 7% after Vedanta sold a portion of its stake in a block deal, raising Rs 3,018.00 crore. The deal was priced at Rs 452.20 per share, a 7% discount to the previous closing price. Vedanta agreed to a 90-day lock-up period for its remaining stake in Hindustan Zinc. This move has raised questions about Vedanta's long-term strategy for Hindustan Zinc and its impact on both companies' future operations.