Hindustan Zinc has emerged as Preferred Bidder for the Jhandawali - Satipura Amalgamated Potash and Halite Block of Rajasthan (on highest Final Price Offer of 03.05%) and Nawatola - Laband REE Block of Uttar Pradesh (on highest Final Price Offer of 3.55%). As per the tender document, the Jhandawali - Satipura Amalgamated Potash and Halite Block is at G3 level of exploration with total area of 1841.22 hectares for the block, and Nawatola - Laband REE Block is at G3 level of exploration with total area of 201.01 hectares for the block.
Ministry of Mines, Government of India had invited tenders to participate in E-auction for grant of Composite Licenses for Tranche V of critical and strategic mineral blocks auctions. The company had participated in the live E-auction for grant of the stated Composite Licenses.
Hindustan Zinc is engaged in the mining and smelting of zinc, lead and silver metal in India.