Hindustan Zinc secures composite licence for UP REE block
Hindustan Zinc Limited executed a deed for the grant of a composite licence for the Nawatola Laband Rare Earth Elements Block in Uttar Pradesh on June 27, 2026. The 210.01-hectare block, located in Sonbhadra District, authorizes reconnaissance, prospecting, and exploration activities. Upon successful completion of exploration and compliance with the MMDR Act and Mineral (Auction) Rules, 2015, the company may be granted 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.
| 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 |
|---|---|---|---|---|---|
| +0.19% | +1.42% | -6.59% | -23.25% | +20.41% | +63.71% |
What is the estimated timeline for the exploration phase and potential transition to a Mining Lease?
How will the acquisition of this REE block impact Hindustan Zinc's revenue diversification and long-term growth strategy?
What are the expected capital expenditures required to develop the Nawatola Laband block into a producing mine?


































