Hindustan Zinc Secures Composite Licence for Rare Earth Elements Block in UP
Hindustan Zinc Limited secured a Composite Licence for the Nawatola Laband Rare Earth Elements block in Uttar Pradesh on June 27, 2026. The licence allows for exploration activities on the 210.01-hectare area, potentially leading to a Mining Lease.
The acquisition of a licence for rare earth elements exploration is significant for the company's long-term strategy and potential diversification, but the immediate financial impact is not yet quantifiable.
The company has secured a new licence for exploration of rare earth elements, which is a positive development for future growth and resource acquisition.
Hindustan Zinc Limited has executed a Deed for Grant of Composite Licence (CL) with the Government of Uttar Pradesh for the Nawatola Laband Rare Earth Elements (REE) Block. The block, located in Sonbhadra District, Uttar Pradesh, covers an area of 210.01 hectares.
This Composite Licence, granted under the Mines and Minerals (Development and Regulation) Act, 1957, empowers Hindustan Zinc to conduct reconnaissance, prospecting, and exploration activities within the specified area. Successful completion of exploration and adherence to the terms and conditions will make the company eligible for a Mining Lease, as per the MMDR Act, Mineral (Auction) Rules, 2015, and the Composite Licence terms.
The execution of the licence took place on June 27, 2026.
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Hindustan Zinc Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Hindustan Zinc Limited. Read the original for the full detail.