StockWatch
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Zinc
Business Update27 Jun 2026, 08:10 pm

Hindustan Zinc Secures Composite Licence for Rare Earth Elements Block

AI Summary

Hindustan Zinc Limited has executed a Composite Licence (CL) with the Government of Uttar Pradesh for the Nawatola Laband Rare Earth Elements (REE) Block in Sonbhadra District, Uttar Pradesh. The licence, covering 210.01 hectares, allows the company to conduct reconnaissance, prospecting, and exploration activities. Successful exploration and fulfillment of conditions will make the company eligible for a Mining Lease. This move signifies Hindustan Zinc's strategic expansion into rare earth elements.

Key Highlights

  • Secured Composite Licence for Rare Earth Elements block in Uttar Pradesh.
  • Licence covers 210.01 hectares in Sonbhadra District.
  • Allows reconnaissance, prospecting, and exploration activities.
  • Eligibility for Mining Lease upon successful exploration.
  • Strategic expansion into new mineral resources.