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Hindustan Zinc Weighs Expansion to Tap Opportunities in Europe

  • Firm considers international expansion to curb freight costs
  • Assets of parent Vedanta could play role in growth, CEO says
Anil Agarwal
Anil AgarwalPhotographer: Waldo Swiegers/Bloomberg

Hindustan Zinc Ltd., a unit of billionaire Anil Agarwal’s Vedanta Ltd., is considering expanding overseas as a way to profit from growth opportunities in Europe.

“There is a strategic thought that we could venture into the international market,” Hindustan Zinc Chief Executive Officer Arun Misra said in a phone interview. “Europe provides us with an opportunity, the make or break factor is the freight.”