The company secured the block with a top final price offer of 3.05%, as per a notification. The tender process began with a Notice Inviting Tender dated January 20, 2025, aimed at auctioning critical and strategic mineral blocks via e-auction for the grant of composite licences. The company took part in the live e-auction for these licences.
According to the tender document, the Jhandawali–Satipura Amalgamated Potash and Halite Block is rated at the G3 exploration level, covering an area of 1,841.22 hectares. A composite licence deed for the block will be formalized in favor of the company and submitted accordingly.
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Last week, Hindustan Zinc revealed its production figures for the fourth quarter and the full year ending March 31, 2026, reporting mined metal output of 315 kt in Q4, an increase of 2% year-on-year and 14% quarter-on-quarter. The company achieved record quarterly and annual mined metal production, alongside a peak refined metal output of 282 kt.
Refined metal production for the quarter reached 282 kt, marking a 5% rise both year-on-year and sequentially. In this category, refined zinc output stood at 227 kt, an increase of 6% YoY and 3% QoQ, whereas refined lead production was 55 kt, declining 2% YoY but up 12% compared to the previous quarter.
Silver production remained steady year-on-year at 176 tonnes, although there was an 11% increase sequentially. In ounce terms, it amounted to 5.7 million ounces compared to 5.7 million ounces a year prior and 5.1 million ounces in the previous quarter. Wind power generation fell by 11% YoY to 56 million units during the quarter, but saw an 11% increase sequentially.
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Hindustan Zinc Ltd shares closed at ₹562.00, down ₹2.10, or 0.37%, on the BSE.
