1942 - A small lead smelting pilot plant was set up at Tundoo near Dhanbad in Bihar. 1944 - Metal Corporation of India (MCI) was formed and all the assets of the Company were transferred to MCI. 1945 - The Government of India surrendered the mining rights over Zawar to Mewar durbar and MCI obtained the prospecting licence for 2 years and in 1950 obtained a mining lease. 1960 - MCI obtained licence for production of 9,000 tpa of lead and 5,40,000 Ozs of silver p.a. 1966 - The company was Incorporated 10th January, in Rajasthan. The Company is a producers of Zinc and lead from the Company's Mines and Smelters. 1990 - Facilities for production of cobalt and indigenous lead-zinc ores were commissioned during the year. In-house technology for the recovery of cobalt was made possible through R&D and Cooperation with BARC. 1993 - The application for prospecting licence for gold for Bhukia Jagpura Banswara District and Dungarpur District Rajasthan was subletted to Rajasthan Government. 1994 - 40,37,31,900 shares disinvested in favour of Mutual Funds and Financial Institutions. The Company allotted 188,00,000 shares to the President of India in 1992. 1996 - The Company entered into a MOU with BHP minerals Ltd., Australia for joint venture project for exploration of base precious minerals in Rajasthan. Another MOU was entered into with Vigego, Vietnam and La-Sarce France for a joint venture project for exploration at Pac-Lang Gold prospect in Vietnam. 1997 - The Company decided to develop Sindesar Khurd Lead-Zinc Silver deposit in Rajsamand, Rajasthan as a replacement mine to Rajpura-Dariba with a capacity to produce 1000 tpd Ore. The Company closed its Degana Tungstan Mine in Rajasthan as its operations became uneconomical. - Hindustan Zinc Ltd and Rajasthan State Mines and Minerals Ltd (RSMML) signed a memorandum of understanding of set up a Rs.3,300 crore power project near Udaipur in Rajasthan. - Hindustan Zinc Ltd (HZL) has entered into a memorandum of understanding for 1997-98 with the Government of India. - Public sector Hindustan Zinc has entered into three separate agreements with international mining majors for diversification into mining and prospecting of previous minerals in India and abroad. - The company has formed a joint venture with BRMG of France and Vietnam Rare & Precious Minerals Corporation (VMC) to explore and develop gold mines in the Southeast Asian country. - The company's second joint venture is with Nuigini Mining for exploration of gold in Andhra Pradesh, Uttar Pradesh, Madhya Pradesh and Karnataka. - The company's third joint venture is with the Australian major, Broken Hill Proprietaries for prospecting of non-ferrous metals like zinc, lead, copper as well as gold in Rajasthan. - Hindustan Zinc Ltd (HZL), a public sector enterprise under the Ministry of Mines, has entered into a memorandum of understanding (MoU) with BHPM, Australia, for grassroot exploration of zinc and lead along with other precious minerals in Rajasthan. - HZL has also entered into a MoU with CSIR for setting up a nickel technology proving plant (TPP) for extraction of nickel from overburden of chromite at Sukhinda mines in Orissa. - HZL is likely to install a new zinc smelter with a capacity of around 60,000 to 1,00,000 tonnes, work for which will be initiated in 1998-99 and the plant is likely to be commissioned by the end of the Ninth Plan or early Tenth Plan. - HZL is also negotiating with another Australian company Pasminco for grassroot exploration of Ajmer district in Rajasthan. - HZL has signed MoUs with three foreign companies - BHP Mining and Nuigini Mining (NML) for exploration and exploitation of base and precious metals in India and BRGM/VMC for gold prospecting in Vietnam. - The Rampura-Agucha mines of Hindustan Zinc Limited (HZL) has been awarded ISO 9002 certificate for quality management system by SGS Yarsley International Certificate Services Limited. 1998 - Crisil has assigned a P1+ rating to the Rs.10-crore short-term deposit programme of Hindustan Zinc. - The Foreign Investment Promotion Board (FIPB) has approved a joint venture proposal of Australian mining giant, BHP, and the State owned Hindustan Zinc Ltd (HZL) to mine base metals in Rajasthan. - The power plant is being set up in joint venture with the state-owned Rajasthan State Mines and Minerals Ltd. - Public sector Hindustan Zinc Limited (HZL) will set-up a 100 mega watt (mw) captive power plant in Rajasthan to meet its power requirement for existing mines in the region. 1999 - Rashtriya Chemicals & Fertilisers (RCF), Hindustan Zinc (HZL) and Rajasthan State Mines & Minerals (RSMML) have signed a memorandum of understanding for a Rs 300-crore diammonium phosphate (DAP) project in Rajasthan.) - Public sector Hindustan Zinc has commenced closure of loss-making units as part of its strategy for improving valuation of the company prior to its privatisation. 2002 -The US$1.3 billion Sterlite Group (Sterlite) announces that it has been declared the successful bidder for the acquisition of a 26% equity stake in Hindustan Zinc Ltd (HZL) for Rs 4450 million ($91.30 m) through Sterlite Opportunities and Ventures Ltd, a Special Purpose Vehicle set up for the same. -Sterlite Industries India Ltd has informed that US $ 1.3 billion Sterlite Group,on April 11, 2002 made payment of Rs 4450 million to the Govt. of India and completed the acquisition of 26% stake in Hindustan Zinc Ltd. -Hindustan Zinc Ltd has the following changes in management structure: -Directors ceased Mr B N Mittal Chairman-MD Mr A N Mittal Director Dr Vinayahil Gautam Director Dr S K Gupta Director. -Directors nominated on behalf of strategic partner ie Sterlite opportunities and ventures Ltd w e f April 11, 2002. Mr K K Kaura Managing Director,Mr Anil Agarwal Additional DirectorMr Navin Agarwal Additional Director,Mr Tarun Jain Additional Director, Mr C V Krishnan Additional Director,Mr C A Sundaram Additional Director. -Govt. Nominee Directors w e f April 11, 2002;Dr A K Kundra Chairman, Mr A C Wadhawan Director,Mr Nand Kishore Shukla Director. - Mr C Sankaran, Company Secretary & GM has been nominated as Compliance Officer by the Board. -Govt of India has disinvested 26% of the paid up capital of theHindustan Zinc Ltd ie 109858294 number of shares along with management control in favour of Sterlite Opportunities and Ventures Ltd (SOVL). 2003 -HZL's Zinc Smelter, Vishakapatnam is accredited with ISO 9000:2000 certification for its quality management system for manufacturing primary zinc, cadmium metals and sulphuric acid through hydro metallurgical process. -Hindustan Zinc Ltd registered a 113.58% growth in its net profit. -HZL, a part of Sterile Group has raised $12 million worth of ECBs for its ambitious Capacity Expansion (Capex) programme. -Hindustan Zinc Ltd has informed that Mr Aditya Narayan has jointed the Sterlite Group and will take responsibility as Managing Director of the Company from Mr K K Kaura, CEO Sterlite 2004 - 35,000 tonnes of zinc debottlenecking completed at Chanderiya Smelter Complex 2005 -Hindustan Zinc Ltd informes the inauguration of the Company's New Zinc Smelter at Chanderiya in Rajasthan with a production capacity of 170000 Tons Per Annum and 154 MW Captive Power Plant -Hindustan Zinc Ltd has given Greentech Environment Excellence Silver Award for 2004-2005 in metal sector for its environment management - Rampura Agucha Mine expansion from 2.30 million tonnes per annum to 3.75 million tonnes per annum 2006 -HZL picks up `Golden Peacock' award - Commissioned 170,000 tonnes per annum of Hydrometallurgical Zinc Smelter (Hydro I) at Chanderiya Smelter Complex - Commissioned 2 X 77 MW Captive Power Plant at Chanderiya Smelter Complex - Commissioned 50,000 tonnes per annum of Ausmelt Lead Smelter at Chanderiya Smelter Complex 2007 -Hindustan Zinc Ltd has appointed Shri. Sanjiv Kumar Mittal, Joint Secretary & Financial Adviser, Ministry of Mines as Government Nominee Director on the Board of the Company with immediate effect in place of Shri. Sujit Gulati. - Hindustan Zinc Ltd has informed that the President of India vide letter dated November 28, 2007 appointed Shri. A K Singh, Director, Ministry of Mines as Government Nominee Director on the Board of the Company with immediate effect. - Sindesar Khurd Mine began production with an initial production capacity of 0.3 million tonnes per annum - Commissioned 38.4 MW of Wind Energy Farms at Gujarat 2008 - Commissioned 170,000 tonnes per annum of Hydrometallurgical Zinc Smelter (Hydro II) in a benchmark time of 20 months at Chanderiya Smelter Complex - Commissioned 80 MW Captive Power Plant at Chanderiya Smelting Complex - 5,000 tonnes of zinc debottlenecking completed at Debari Zinc Smelter - Commissioned 50.4 MW of Wind Energy Farms at Gujarat 2009 - Rampura Agucha Mine expansion from 3.75 million tonnes per annum to 5.00 million tonnes per annum making the total mining capacity of the Company to 7.40 million tonnes per annum - 88,000 tonnes per annum zinc debottlenecking competed at Chanderiya Smelter Complex & Debari Zinc Smelter making the total metal production capacity to 754,000 tonnes per annum - Commissioned 80 MW Captive Power Plant at Zawar Mines - Commissioned 34.4 MW Wind Energy Farms making the Company's total Wind Energy capacity to 123.2 MW. 2010 - Rampura Agucha Mine expansion from 5.00 million tonnes per annum to 6.00 million tonnes per annum, increasing the total mining capacity of the Company to 8.40 million tonnes per annum. - Commissioned the 210,000 tonnes per annum Hydrometallurgical Zinc Smelter at Rajpura Dariba, increasing the Zinc & Lead metal production capacity to 964,000 tonnes per annum (879,000 tonnes of Zinc and 85,000 tonnes of Lead). 2011 - Commissioned 1.50 million tonnes per annum concentrator at Silver-rich Sindesar Khurd Mine. - Commissioned 160 MW (80X2) Captive Power Plant at Dariba Smelting Complex. - Around 48 MW addition in wind power generation capacity. -Company has splits its Face value of Shares from Rs 10 to Rs 2 -Hindustan Zinc has given the Bonus in the Ratio of 1:1 2012 - Ramped-up Sindesar Khurd mine to 2.0 mtpa capacity. - Commissioned the 100 ktpa Lead smelter at Dariba, increasing the Lead production capacity to 185 ktpa. - Commissioned new Silver refinery, increasing the Silver refining capacity to 500 tpa. - Commissioned 102MW expansion in wind power, increasing total wind power generation capacity to around 274MW. - Commenced underground mine development work at Rampura Agucha mine and greenfield Kayar mine. 2013 -Hind. Zinc - Board recommends Final Dividend -Hindustan Zinc Ltd., Akhilesh Joshi has been awarded with the MEAI-Adheraj Baldota Memorial Gold Medal Award-2012 2014 -Hindustan Zinc Limited Commissions Sewage Treatment Plant at Udaipur -Hindustan Zinc awarded with Significant Achievement in HR Excellence by CII 2015 -Hindustan Zinc and Cairn India signed MoUs with Rajasthan Government -Hindustan Zinc (HZL) has installed refuge chambers inside its underground mines in the state of Rajasthan 2016 -Hindustan Zinc Board declares Special Golden Jubilee Dividend -Hindustan Zinc gets EC amended to scale up production 2017 - Hindustan Zinc declared interim dividend - HZL special dividend credit positive for Vedanta Resources 2018 -Hind. Zinc - Hindustan Zinc Ranks 1St Globally In Environment Category By DJSI World. 2019 -Hindustan Zinc receives 1st Edition of CNBC- Awaaz Rajasthan Ratna Award. -Hindustan Zinc was awarded at Indywood Built in India Excellence Awards 2018 under the Metals and Minerals category by Indywood and Govt. of Telangana State as part of Project Indywood. -Rajasthan Government recognizes Hindustan Zinc as Best Organization working for Persons with Disabilities 2020 -Hindustan Zinc received Great Place to Work-CertifiedTM by Great Place to Work Institute. -Hindustan Zinc received IEI (Institution of Engineers India) Centenary Industry Excellence Award 2019. -Hindustan ZincÂs Legal Department received ÂLegal Team of the Year 2019 award at the 2nd Edition of Future of Legal Summit and Awards 2019 2021 -Hindustan Zinc Wins ÂPrize for Leadership in HR Excellence at 12th CII National HR Excellence Award -Hindustan Zinc receives honorary mention in Skillsoft Perspective 2021 India Awards under category Digital Dexterity Award 2022 -Hindustan Zinc extends support by providing Oncology Vehicle to Rabindra Nath Tagore Medical Institution, Udaipur. -Hindustan Zinc Wins ÂCompany with Great Managers Award for the third time in a row. -Hindustan Zinc Ranks ÂA- in Climate Change and Water Security by CDP. -Hindustan Zinc Ranks among the Top 3 Sustainable Companies Globally in Metal and Mining Sector. -Hindustan Zinc Hosts 51st All India Mining Rescue Competition. 2023 -Hindustan Zinc partnered with Inland EV Green Services for the deployment of EV trucks for green logistics. -Hindustan Zinc Football Academy bags All India Football Federation's topmost 'ELITE 3-STAR RATING'. -Hindustan Zinc partners with GreenLine for the deployment of LNG-Powered trucks for logistics. -Hindustan Zinc Accelerates Business Processes through SAP S/4 HANA. |