Zinc International acquisition was a great idea, he said, adding the company's board has also approved the proposal. "...we are working on it, and we still believe that this is something that we must do for the sake of Hindustan Zinc. So, we will see where it ends," the CEO said. The government, which owns about 29.54 per cent stake in HZL, has opposed the company's plan to buy an overseas asset of its parent firm Vedanta Ltd.