Hindustan Zinc Ltd Wins Bids for Jhandawali — Satipura Amalgamated Potash and Halite Block, and Nawatola-Laband REE Block

Hindustan Zinc Ltd has been declared as 'Preferred Bidder' for the Jhandawali — Satipura Amalgamated Potash and Halite Block of Rajasthan and Nawatola-Laband REE Block of Uttar Pradesh in the Ministry of Mines, Government of India's Tranche V of critical and strategic mineral blocks auctions. The company participated in the live E-auction and won the bids with the highest final price offers of 03.05% and 3.55% respectively. The Jhandawali — Satipura Amalgamated Potash and Halite Block is at G3 level of exploration with a total area of 1841.22 hectares, and the Nawatola-Laband REE Block is also at G3 level of exploration with a total area of 201.01 hectares. The grant of Composite License by the Government of India is subject to making of necessary payments, completion of terms and conditions, obtaining necessary approvals, permissions, clearances, and execution of necessary agreements.