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News Topical, Digital Desk : Hindustan Zinc Limited (HZL), a Vedanta Group company, has received an exploration and mining license from the state government for a tungsten block in Andhra Pradesh. This marks a significant milestone for the Vedanta Group company as it moves beyond zinc, lead, and silver to critical and high-value minerals needed in advanced manufacturing.
The company said in a statement that it has officially received a composite license for a tungsten and associated mineral block in Andhra Pradesh, declaring it the successful bidder. A composite license is a two-tier permission that includes both the right to explore for minerals and the right to mine them after successful exploration. The company said it participated in the e-auction of critical and strategic mineral blocks under Tranche V, issued by the central government on June 24, 2024. As part of this process, on November 14, 2025, the company was declared the successful bidder for the tungsten and associated mineral block located in Balepalayam, Kanaganapalle, Sri Sathya Sai District, Andhra Pradesh. This block is of G3 exploration grade and has a total area of 308.30 hectares.
Selected as a 'Preferred Bidder' Previously, the company was selected as a 'Preferred Bidder' in a competitive auction conducted by the Central Government. According to HZL CEO Arun Mishra, this achievement is a major step towards expanding the company's mineral portfolio and making the country self-sufficient in critical minerals. The company is the world's largest integrated zinc producer and among the top-5 silver producers globally. It holds approximately 77% of India's primary zinc market and supplies to over 40 countries.
Share Performance: The company's shares closed at ₹486.85 on Friday, down 1.69%. Over the past year, the company's stock has declined 1.91%.
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