Hindustan Zinc wins bid for 1,841-hectare critical mineral block in Rajasthan; what investors should know

In a regulatory filing on Monday, the Vedanta subsidiary said that it has been declared the successful bidder for the Jhandawali -Satipura Amalgamated Potash and Halite block.

The company was notified on April 12 that it won the bid for the block on the highest final price offer of 03.05%.

As per the tender document, the Jhandawali – Satipura Amalgamated Potash and Halite block is at the G3 level of exploration and has a total area of 1,841.22 hectares.

“A composite license deed in favour of M/s Hindustan Zinc Limited for the Jhandawali – Satipura Amalgamated Potash and Halite Block of Rajasthan will be executed and shall be submitted,” the filing read.

The Ministry of Mines had initiated the process of inviting tenders to participate in an E-auction for the Tranche V of critical and strategic mineral blocks through a ‘Notice Inviting Tender' dated January 20, 2025.

Hindustan Zinc Q4 business updates

Hindustan Zinc reported its best-ever quarterly mined metal production at 315 kilotonnes (kt) in Q4, driven by higher ore production and better grades. While it rose 2% YoY from 310 kt in the year-ago period, it surged 14% quarter-on-quarter (QoQ) from 276 kt in the December quarter of FY26.

Its refined metal production advanced 5% both YoY and sequentially to 282 kt during the quarter under review, compared to 270 kt. The increase was driven by additional capacity unlocked by the debottlenecking projects at Chanderiya & Dariba, improved operational efficiency, and higher plant availability.

Its silver production stood at 176 metric tonnes in Q4 FY26, up 11% QoQ in line with lead production. However, it declined by 0.2% on a YoY basis.

Hindustan Zinc stock performance

Shares of Hindustan Zinc closed 0.36% lower at ₹562.55 per unit on the National Stock Exchange (NSE) on Monday amid a broad-based sell-off in the market. However, the bid-winning announcement was made after the market closed.

The scrip has gained 7% in the past week and 2% over the month. On a year-to-date basis, however, it has fallen 8%.

While the stock hit a 52-week high of ₹733 apiece on January 27, 2026, it touched a year’s low of ₹398 on May 9, 2025.

Hindustan Zinc has a total market capitalisation of ₹2.38 lakh crore as of April 13, 2026, according to data on the NSE.