Hindustan Zinc Share Price in Focus; Wins Bid for Tungsten and Associated Mineral Block in Balepalyam

Hindustan Zinc has been named the successful bidder for a Tungsten and Associated Mineral Block in Balepalyam, located in the Kanaganapalle region of Sri Satya Sai district, as per the exchange filings.  

The confirmation came through a government notification dated 14 November 2025. This follows the company’s participation in the e-auction process for critical mineral blocks. 

How the Auction Was Set Up 

The Ministry of Mines had issued a tender on 24 June 2024 under its fifth tranche of critical and strategic mineral auctions. The tender invited companies to bid for Composite Licences, which combine exploration and potential mining rights. Hindustan Zinc took part in the live e-auction held as part of this process. 

Block Size and Exploration Status 

The Balepalyam block covers 308.30 hectares. It is classified as a G3 exploration block, which means preliminary geological work has been carried out and the area has an identified mineral presence. The block includes tungsten along with other associated minerals that can be assessed further when detailed studies continue. 

Next Steps After the Bid 

The company will now move towards executing the Composite Licence deed for the block. Once completed and submitted, this licence will allow further exploration work within the guidelines set by the tender document. This typically includes additional surveys, sampling, and assessment of the mineral resource. 

Context Around Tungsten in India 

Tungsten is used in areas such as industrial tools, electronics, and specialised applications. India has limited domestic availability of this mineral and depends on imports for most of its requirement. The allocation of blocks like Balepalyam is part of broader efforts to expand exploration of minerals categorised as critical. 

Read More: GE T&D promoter entities to sell 11.7% stake via OFS! 

Hindustan Zinc Share Price Performance 

As of November 17, 2025, 10:23 am, Hindustan Zinc share price was trading at ₹484.55, a 0.51% decrease from the previous closing price. 

Conclusion 

With the bidding process completed, work now shifts to formal documentation and exploration activities at the Balepalyam site. The block’s status and potential will become clearer as the company progresses through the next phase of geological study. 

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