Hindustan Zinc Explores Zinc Batteries for Energy Transition

By By Rediff Money Desk, New Delhi
Jul 29, 2024 18:59
Hindustan Zinc, a Vedanta group firm, is exploring zinc applications in batteries to support the global energy transition, citing lithium limitations and safety concerns. The company aims to enhance production volume and create value for stakeholders.
Photograph: Agustin Marcarian/Reuters
New Delhi, Jul 29 (PTI) Vedanta group firm Hindustan Zinc Ltd (HZL) on Monday said it is committed to being future-ready and will explore new avenues of zinc applications in batteries.

The company will explore avenues of zinc applications in batteries alongside its focus on volume enhancement, reduction in cost of production and creating value for stakeholders, Hindustan Zinc Chairperson Priya Agarwal Hebbar said in a statement.

Hindustan Zinc Ltd in its efforts to support the ongoing global energy transition and thrust on emerging clean tech, will explore new avenues of zinc applications in batteries, the statement added.

"With the world undergoing an energy transition, developing climate-friendly technologies will be highly mineral intensive, and the metals and mining sector will have a big role to play to support this transition.

"At Hindustan Zinc, we are committed to being future-ready and augmenting the supply of critical minerals, for India and for the world," she said.

According to Hindustan Zinc CEO Arun Misra, while lithium batteries are currently in focus, lack of domestic availability of lithium and safety of lithium batteries are key challenges for the global energy transition.

Zinc presents a safe, stable and credible opportunity to replace lithium in batteries, Misra added.

Hindustan Zinc with one of largest product portfolios in the zinc, lead, silver segment is constantly exploring new avenues for applications that support the ongoing global energy transition.

The company is the world's second-largest integrated zinc producer and the third-largest silver producer.
Source: PTI
Read More On:
hindustan zinczinc batteriesenergy transitionlithium batteriesvedanta group
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2024 Rediff.com