MoneyWorks4Me

Hindustan Zinc emerges as Preferred Bidder for Critical and Strategic Mineral Blocks

28 May 2025 Evaluate

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.

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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