Hindustan Zinc secures preferred bidder status for Dugocha gold block in Rajasthan

Hindustan Zinc secures preferred bidder status for Dugocha gold block in Rajasthan

Hindustan Zinc Limited has emerged as the preferred bidder for the coveted Dugocha Gold and Associated Mineralization Block in Rajasthan. The Department of Mines & Geology, Government of Rajasthan, confirmed the company’s win following a competitive e-auction process on November 13, 2024. This strategic acquisition is expected to significantly bolster Hindustan Zinc’s position in the […]

Vedanta’s earnings soar 46% – What this record-breaking growth means for investors

Vedanta’s earnings soar 46% – What this record-breaking growth means for investors

Vedanta Limited (NSE: VEDL), the Indian multinational critical minerals, energy, and technology conglomerate, has reported record-breaking results for Q2 and H1 ending September 30, 2024. The company achieved its highest-ever first-half EBITDA, reaching $2.47 billion—an impressive 46% year-over-year increase. Vedanta’s Q2 consolidated revenue hit $4.4 billion, marking a 5% quarter-over-quarter and a 10% year-over-year rise, […]

Major breakthrough: Hindustan Zinc and JNCASR team up to disrupt battery industry

Major breakthrough: Hindustan Zinc and JNCASR team up to disrupt battery industry

In a transformative development for the energy storage sector, Hindustan Zinc Limited and the Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR) have forged a strategic partnership to advance zinc-based battery technologies. This collaboration is set to bring about a significant shift in energy storage solutions by focusing on the development of affordable, durable, and […]

Vedanta Limited reports record high quarterly revenue and EBITDA

Vedanta Limited reports record high quarterly revenue and EBITDA

In a notable financial performance, Vedanta Limited has announced its unaudited consolidated results for the second quarter and half year ending September 30, 2023, with the company achieving its highest ever second-quarter consolidated revenue of ₹38,546 crore, marking a 16% quarter-over-quarter increase. This financial milestone is underscored by an equally impressive highest ever quarterly EBITDA […]

Hindustan Zinc becomes first Indian mining company to deploy electric vehicle for underground operations

Hindustan Zinc becomes first Indian mining company to deploy electric vehicle for underground operations

India’s Hindustan Zinc has deployed a battery electric vehicle (BEV) for its underground mining operations at its Sindesar Khurd mine, becoming the industry first to lead the green race in the country. The deployment of Normet Agitator SmartDrive EV forms part of Hindustan Zinc’s strategy to gradually shift to battery-powered service equipment and utility vehicles […]