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Hindustan Zinc incorporates wholly owned subsidiary

27 Feb 2024 Evaluate

Hindustan Zinc has incorporated a wholly owned subsidiary (WOS) of the Company in the name of ‘Hindmetal Exploration Services’ on February 26, 2024. The said WOS has been incorporated with object to explore, discover, develop and tap mineral resources including strategic minerals, deep-seated minerals and offshore minerals through systematic exploration of all types of mineral deposits and to participate in the auctioning of mining blocks containing critical minerals.

Hindustan Zinc, the world’s second biggest zinc producer, operates the world’s third largest open-pit mine, and world’s largest Zinc Mine in Rampura Agucha, Rajasthan.


Peers
Company Name CMP
Hindalco Industries 960.50
Vedanta 257.20
Hindustan Zinc 561.00
Jain Resource Recycl 275.10
CMR Green Tech 212.80
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