Hindustan Zinc ready to foray into uranium mining: CEO

HINDUSTAN ZINC WILL aim to expand into uranium mining if the government opens up the sector to private players, its CEO Arun Misra told Reuters on Tuesday.

- NEHA ARORA & SETHURAMAN N R

Government sources told Reuters last week that India wants to allow private companies to mine, import and process uranium as part of plans to end a decades-old state monopoly over the nuclear sector and bring in billions of dollars in investment.

"If new uranium blocks are put out for private companies, Hindustan Zinc will be the first to bid," Misra said in an interview. "We will get into atomic minerals and especially uranium because the country needs it."