Hindustan Zinc secures composite licence for UP REE block

1 min read     Updated on 27 Jun 2026, 08:13 PM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

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.

powered bylight_fuzz_icon
44117011

*this image is generated using AI for illustrative purposes only.

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 Day5 Days1 Month6 Months1 Year5 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?

Hindustan Zinc deploys India's first 250 MT electric crane

2 min read     Updated on 26 Jun 2026, 04:29 AM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Hindustan Zinc has deployed India's first 250 Metric Tonne electric crane at Zinc Smelter Debari, expected to avoid 250.8 tCO2e annually by displacing 93,600 litres of diesel. This initiative supports the company's net-zero by 2050 goal and complements its existing green fleet, including BEVs and LNG trucks. The company aims to reduce Scope 1 and 2 emissions by 50% and Scope 3 by 25% from the 2020 baseline.

powered bylight_fuzz_icon
43928850

*this image is generated using AI for illustrative purposes only.

Hindustan Zinc has deployed India's first 250 Metric Tonne capacity electric crane at Zinc Smelter Debari in Rajasthan. The hybrid lifting machine, capable of operating on both diesel and electric power, marks a significant step in the company's journey to decarbonize core operations and integrate clean technologies across industrial infrastructure. This deployment is expected to avoid approximately 250.8 tCO2e annually by replacing a diesel-operated crane consuming around 93,600 litres of diesel per year, thereby improving operational energy efficiency.

The deployment reinforces Hindustan Zinc's commitment to achieving net-zero emissions by 2050 or sooner. Over the past three years, the company has rolled out a suite of clean mobility solutions, including operating India's first underground battery electric vehicles (BEVs) and establishing Rajasthan's largest EV bulker fleet with 40 electric bulkers in partnership with GreenLine Mobility. The company recently deployed the first two electric buses for employee transit as part of a 41-bus green mobility initiative and launched four electric loaders at the Rampura Agucha Mine.

Operational Efficiency and Sustainability Goals

The introduction of the electric crane is part of Hindustan Zinc's broader decarbonization roadmap. The company aims to reduce Scope 1 and 2 emissions by 50% and Scope 3 emissions by 25% from the 2020 baseline. To support these targets, Hindustan Zinc has increased renewables to nearly 18% of its power mix and commissioned over 530 MW of round-the-clock renewable energy capacity.

Initiative Details
Crane Capacity 250 Metric Tonne
Emissions Avoided 250.8 tCO2e annually
Diesel Displaced 93,600 litres per year
Renewable Energy Capacity Over 530 MW
Power Mix from Renewables Nearly 18%

Strategic Partnerships and Industry Leadership

Arun Misra, CEO, Hindustan Zinc, stated that the deployment reflects the company's resolve to adopt clean technology and redefine how core industry transitions to low-carbon solutions. The crane was supplied by SANY India, whose Managing Director, Deepak Garg, highlighted the partnership's shared commitment to advancing innovation for operational excellence and environmental impact.

Hindustan Zinc became the first company in India to deploy underground BEVs at Sindesar Khurd Mine in 2022-23. The company operates over 250 LNG trucks to transport concentrate between mining sites and smelters, making it Rajasthan's largest LNG fleet operator in industrial logistics. These initiatives align with the United Nations Sustainable Development Goals 2030, focusing on clean energy, climate action, and responsible production.

Brand and Market Position

The company launched EcoZen, Asia's first low-carbon zinc brand, produced using renewable power. Hindustan Zinc is the first Indian producer certified under the international Zinc Mark validation under the Copper Mark Assurance Process. It was named the world's most sustainable metals and mining company for the third consecutive year in the S&P Global Corporate Sustainability Assessment 2025.

Historical Stock Returns for Hindustan Zinc

1 Day5 Days1 Month6 Months1 Year5 Years
-4.41%-9.52%-18.06%-17.09%+16.97%+54.16%

Will the successful deployment of this hybrid crane lead to accelerated capital expenditure plans for replacing remaining diesel-powered heavy machinery across other smelter units?

How will the introduction of the EcoZen low-carbon brand impact pricing premiums and market demand compared to standard zinc products?

What specific strategies will be employed to increase the renewable energy power mix from the current 18% to meet the 2050 net-zero target?

More News on Hindustan Zinc

Must Read Next

Earnings

Corporate Actions

Stocks

1 Year Returns:+16.97%