Hindmetal Exploration Services, a fully owned arm of Hindustan Zinc Limited (NSE: HINDZINC), is closely monitoring the initial round of Exploration Licence (EL) auctions rolled out by the Ministry of Mines. This first phase includes 13 mineral-rich blocks spread across 10 states, covering essential and hard-to-access minerals such as gold, copper, zinc, diamonds, and rare earth elements.
Established in 2024, Hindmetal Exploration has positioned itself as a key player in mineral discovery, employing advanced geological and geophysical techniques. The company takes a tech-forward approach, using digital tools and data analytics to streamline exploration and enhance precision in locating deposits.
With a skilled team of geologists, mining professionals, and cutting-edge software, Hindmetal is contributing to India’s broader mission of securing a reliable supply of critical minerals vital for energy transition and industrial growth. The company holds Category A accreditation from the Quality Council of India (QCI-NABET), authorizing it to create detailed geological reports and apply for high-potential mineral blocks.
By engaging in the EL auction process, Hindmetal gains access to priority mineral zones under the National Mineral Exploration Trust (NMET) scheme. This new regulatory model allows private firms exclusive exploration rights—accelerating domestic mineral discovery and supporting India’s vision of becoming self-reliant in critical resources.
Hindmetal Exploration Services Private Limited is a wholly owned subsidiary of Hindustan Zinc Limited, incorporated on February 26, 2024. Headquartered in Udaipur, Rajasthan, the company is dedicated to the systematic exploration and development of mineral resources, including strategic, deep-seated, and offshore minerals. Its establishment aligns with Hindustan Zinc’s objective to enhance ore reserves and mineral resources, thereby contributing to India’s mineral security. With an authorized capital of ₹25 crore and a paid-up capital of ₹1 lakh, Hindmetal Exploration Services aims to participate actively in the auctioning of mining blocks containing critical minerals, supporting the nation’s goal of self-reliance in essential mineral sectors.
