Vedanta Group is taking big steps to grow its mining business by expanding into new minerals. Its company, Hindustan Zinc Ltd (HZL), plans to enter potash mining and is eyeing a block in Rajasthan that could also have lithium. Potash is very important for farming, and India currently depends a lot on imports from countries like Russia and Canada. Vedanta wants to help reduce this dependence by producing potash within India itself.
Vedanta is also expanding its reach into critical minerals like gold and tungsten. HZL recently won the Dugocha gold block in Rajasthan and the Balepalyam tungsten block in Andhra Pradesh. The company’s CEO, Arun Misra, said that they will continue bidding for important mineral blocks across the country. Vedanta’s exploration arm, Hindmetal Exploration Services Pvt Ltd, is working hard to find new mineral resources and could soon become the biggest private mineral explorer in India.
This expansion comes at a time when Hindustan Zinc is showing strong financial results. The company reported a 47.3% rise in net profit to ₹3,003 crore in the March 2025 quarter. Vedanta, through Hindustan Zinc, is already the world’s largest integrated zinc producer and among the top five silver producers. Now, with a growing focus on critical minerals, Vedanta is strengthening its position as a major player in India’s mining industry.