STOCKWATCH

Hindustan Zinc Ltd Wins Bid for Nawatola-Laband REE Block in Sonbhadra District

Hindustan Zinc Ltd, a leading zinc-lead-silver mining company, has been issued a Letter of Intent (LoI) by the Government of Uttar Pradesh for the grant of a Composite License for the e-auction of the Nawatola-Laband REE Block. The block, spread over 210.01 hectares, was conducted by the Ministry of Mines, Government of India. This development is a significant step for the company in its pursuit of expanding its mineral resources portfolio.

• Hindustan Zinc Ltd wins e-auction for Nawatola-Laband REE Block in Sonbhadra District.
• The block, spread over 210.01 hectares, was conducted by the Ministry of Mines, Government of India.
• The company has been issued a Letter of Intent (LoI) by the Government of Uttar Pradesh for the grant of a Composite License.
• This development is a significant step for the company in its pursuit of expanding its mineral resources portfolio.
• The Nawatola-Laband REE Block is expected to contribute significantly to the company's growth.