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Hindustan Zinc gets LoI from Government of Andhra Pradesh

22 May 2025 Evaluate

Hindustan Zinc has received Letter of Intent (LoI) from Government of Andhra Pradesh for the grant of a Composite License under Rule 18(1) of the Mineral Auction Rules, 2015. This LoI follows the company emerging as preferred bidder in e-auction of Balepalyam Tungsten and Associated Mineral Block conducted by Ministry of Mines, Government of India over an extent of 308.30 Hectares in Ananthapuram District. 

Hindustan Zinc is engaged in the mining and smelting of zinc, lead and silver metal in India. 

Peers
Company Name CMP
Hindalco Industries 960.50
Vedanta 257.20
Hindustan Zinc 561.00
Jain Resource Recycl 275.10
CMR Green Tech 213.60
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