Hindustan Zinc secures composite licence for UP REE block
Hindustan Zinc Limited executed a deed for a composite licence for the Nawatola Laband Rare Earth Elements Block in Uttar Pradesh on June 27, 2026. The 210.01-hectare block in Sonbhadra District authorizes the company to conduct exploration activities. Successful completion of exploration terms may lead to a Mining Lease.

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Hindustan Zinc Limited has executed the deed for the grant of a composite licence for the Nawatola Laband Rare Earth Elements (REE) Block in Uttar Pradesh. The execution, dated June 27, 2026, was completed with the Government of Uttar Pradesh under the provisions of Schedule V of the Mines and Minerals (Development and Regulation) Act, 1957. This development allows the company to undertake reconnaissance, prospecting, and exploration activities within the specified area.
The Nawatola Laband REE Block covers an area of 210.01 hectares and is located in the Sonbhadra District of Uttar Pradesh. The composite licence grants Hindustan Zinc the right to conduct operations in accordance with the terms and conditions of the licence and applicable statutory provisions.
Upon the successful completion of exploration and the fulfillment of terms applicable to the successful bidder under the MMDR Act, the Mineral (Auction) Rules, 2015, and the Composite Licence, the company will become eligible for the grant of a Mining Lease. This transition is subject to compliance with all applicable laws and regulations.
The move is part of the company's strategic expansion into critical minerals. The Nawatola Laband block represents a significant asset in the rare earth elements sector, which is crucial for various high-technology and clean energy applications.
The information was submitted to the stock exchanges by Aashima V Khanna, Company Secretary & Compliance Officer of Hindustan Zinc Limited.
| Detail | Description |
|---|---|
| Block Name | Nawatola Laband REE Block |
| Location | Sonbhadra District, Uttar Pradesh |
| Area | 210.01 hectares |
| Regulation | Mines and Minerals (Development and Regulation) Act, 1957 |
| Activity Authorized | Reconnaissance, prospecting, and exploration |
Historical Stock Returns for Hindustan Zinc
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.41% | -9.52% | -18.06% | -17.09% | +16.97% | +54.16% |
What is the estimated timeline for Hindustan Zinc to complete the exploration phase and apply for the Mining Lease?
How will the capital expenditure for this REE project impact Hindustan Zinc’s financials in the upcoming fiscal years?
What specific rare earth elements are expected to be found in the Nawatola Laband block, and how do they align with current market demand?































