Hindustan Zinc Secures Rajasthan Mineral Block, Shares Surge
Hindustan Zinc climbs after emerging as top bidder for Rajasthan mineral block
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Hindustan Zinc's shares rose by 4.78% to ₹589.50 following its successful bid for the Jhandawali - Satipura Amalgamated Potash and Halite Block in Rajasthan, India. The company offered the highest final price of 3.05% in an e-auction for critical mineral blocks, enhancing its position in the mining sector.
- 01Hindustan Zinc's shares increased by 4.78% after winning a mineral block auction.
- 02The company secured the Jhandawali - Satipura block with a 3.05% final price offer.
- 03The block covers 1841.22 hectares and is at G3 exploration level.
- 04Hindustan Zinc is part of the Vedanta Group and is a leading global zinc and silver producer.
- 05The company's net profit rose by 46.23% to ₹3916 crore in Q3 December 2025.
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Hindustan Zinc's stock surged by 4.78% to ₹589.50 after it was announced as the successful bidder for the Jhandawali - Satipura Amalgamated Potash and Halite Block in Rajasthan, India. The auction, conducted by the Ministry of Mines, was part of Tranche V for critical mineral blocks, where Hindustan Zinc submitted the highest final price offer of 3.05%. This block spans 1841.22 hectares and is classified at G3 exploration level. Hindustan Zinc, a subsidiary of the Vedanta Group, is recognized as the world's largest integrated zinc producer and ranks among the top five silver producers globally, exporting to over 40 countries and holding approximately 77% of India's primary zinc market. In its financial performance, the company reported a 46.23% increase in consolidated net profit to ₹3916 crore and a 27.81% rise in net sales to ₹10627 crore for the third quarter ending December 2025 compared to the same period in 2024.
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The successful bid enhances Hindustan Zinc's mining capabilities, potentially leading to increased production and job creation in the region.
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