Udaipur : Arun Misra, the CEO of Hindustan Zinc Limited, has been elected as the new acting Chairman of the International Zinc Association (IZA). Mr. Misra is the first Indian and Asian to hold a position of acting Chairman of the IZA. Hindustan Zinc is India’s largest and the world’s second largest zinc-lead miner. Hindustan Zinc is an industry leader with over five decades of mining and smelting expertise. The company is a fully integrated player that emphasizes providing holistic value to its stakeholders. Because of its keen strategic approach of constant evolution in an ever-changing business environment, the company has a powerful advantage that drives its growth and expansion.
In response to his appointment as IZA acting Chairman, Mr. Arun Misra, stated, “It is a privilege for me to take on the role of IZA Chair and continue the tradition of excellence of those who came before me. The IZA has an exceptional team of professionals and I look forward to working together to grow global demand for zinc and promoting its essentiality to human health, crop nutrition, sustainable development, and modern life”.
The International Zinc Association (IZA) is a non-profit organisation that represents the global zinc industry. Its mission is to advance zinc products and markets via research, development, technology transfer, and communication of the unique attributes that make zinc sustainable and essential component for life. IZA members produce 60% of global zinc and 80% in the Western Hemisphere. IZA has offices across China, Europe, Latin America, North America, India, and Southern Africa, with its headquarters in Durham, North Carolina (USA).
Speaking on the appointment, Dr. Rahul Sharma, Director-India, International Zinc Association said, ‘’We at IZA-India are extremely happy with Mr. Misra being appointed as the Chairman. Being the Industry leader, Mr. Misra has a deep understanding of the industry and will accelerate IZA’s efforts towards increasing consumption of Zinc globally and making India a self-reliant market for Commodities, specifically Zinc. He, along with other members will strive towards addressing the concerns of the Industry and underline the significance of Zinc in crop nutrition, infrastructure, and human health.”
Hindustan Zinc, a Vedanta group company governs 78% market share in India. The companydistinguishes itself as a company committed to business excellence, as well as social and environmental responsibility, and value creation for all stakeholders. The headquarters of the company are in Udaipur, Rajasthan, a mineral-rich region. The company is committed to the circular economy model and aims to implement low-carbon and low-emission technologies, grow renewable energy capacity, and minimise GHG emissions. It also intends to expand and strengthen its local sourcing network in order to benefit the local economy and community.