A subsidiary of London-headquartered Vedanta Resources, HZL
has adopted the intelligent mining platform to drive operational efficiencies onsite.
Neelima Khetan (Head CSR, HZL
and Vedanta) said that "Hindustan Zinc and Vedanta are committed to giving back to society, and helping each person realise their full potential.
This is expected to create at least 25 million jobs, directly and indirectly," HZL
CEO Sunil Duggal told.
Q1 net rises 19% to ` 1,921 crore HEROMotors Group, which includes flagship company Hero Cycles, said on Monday that it has elevated Pankaj Munjal as its CMD." Pankaj Munjal has taken over from O.
In May 2010, Vedanta Resources Plc (Vedanta; rated 'BB/Watch Negative' by Standard & Poor's) had announced that it had signed a definitive share purchase agreement to acquire Anglo American Plc's Zinc business (AAZ), and that it intends undertaking the acquisition programme through Vedanta's subsidiary, HZL
, subject to necessary approvals.
"The proud inheritor of the world's oldest zinc technology, HZL
is continuing this tradition and is gearing itself up to recapture the position of being among the prime producers.
It now wants to buy the residual 49 percent stake in Bharat Aluminium Co (Balco) and 29.54 percent in Hindustan Zinc Ltd (HZL
chairman Agnivesh Agarwal said, " Positive zinc fundamentals have translated into improved LME prices.
The fleet will be used by HZL
for two of its newest underground mining projects, Kayad Mines and Rampura Agucha Mines, both in Rajasthan.
, which is currently expanding production at the Rampura Agucha Mine, will benefit from the use the AC trucks as they provide increased productivity and availability levels while lowering life cycle costs.
Chairman Agnivesh Agarwal said: "We are happy to report a strong refined metal production, with silver touching new highs.