Archive · 19 Aug 2025
Hindustan Zinc Eyes Uranium Mining Amidst Government Policy Change
The Indian government might let private companies mine uranium, which is used in nuclear power.
If this happens, Hindustan Zinc, a big mining company, wants to start mining uranium.
India wants to generate a lot more nuclear power by 2047.
Hindustan Zinc is also looking for other minerals like rare earths, which are used in things like magnets, and they already won a bid for a rare earth block in Uttar Pradesh.
They plan to begin extracting a rare earth mineral called neodymium in the next five to six years.
The company is also looking into finding other valuable minerals in India.
Hindustan Zinc plans to enter uranium mining if the government allows private sector involvement.
The Indian government is considering opening uranium mining, import, and processing to private companies.
India aims to increase nuclear power capacity twelvefold by 2047.
Hindustan Zinc is exploring rare earth minerals and won a bid for a block in Uttar Pradesh.
The company is also looking into mining other minerals like lithium and graphite.
- Who
- Hindustan Zinc, the Indian government, and potentially private companies.
- What
- Hindustan Zinc plans to expand into uranium mining if the government allows private involvement, along with rare earth and other mineral exploration.
- When
- The Indian government is planning to open mining, import, and processing of uranium for private companies.
- Where
- India, with exploration focused on Uttar Pradesh for rare earths.
- Why
- To expand nuclear power capacity and meet growing mineral demands.
Government
Historically
Control of Uranium
Government
Allow private sector participation in uranium mining.
Historically
Historically maintained tight control
- Company
- Hindustan Zinc (Vedanta Group)
- CEO
- Arun Misra
- Government Plan
- Open uranium sector to private companies
- Nuclear Power Goal
- Increase capacity 12-fold by 2047
- Rare Earth Block
- Won bid in Uttar Pradesh