HZL wins Letter of Intent for Karnataka REE and Yttrium mining block

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HINDZINC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.1%Reaction day

₹588.25

prior close

₹588.15

announcement price

In-mkt

timing

Nifty 100market-0.1%+0.1% vs market

Non - Ferrous Metals peers, median of 20sector · industry level+0.8%-0.9% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty 100 and 0.9 pts less than its Non - Ferrous Metals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1-0.1+0.1+0.8-0.9

Next day

+1.8-0.1+1.9+0.6+1.2

+0.2-0.6+0.8+1.1-0.9

+1.2-0.9+2.2+2.2-1.0

+2.9-1.7+4.6+1.9+1.0

+0.9-1.6+2.5+1.6-0.7

-4.6-3.4-1.3-2.4-2.2

15d

+0.1-2.9+3.1+1.9-1.8

-4.6-5.6+0.9-0.7-4.0

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UpDownMarket · Nifty 100Sector · Non - Ferrous Metals peers, median of 20Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Hindustan Zinc has received a Letter of Intent from the Government of Karnataka for a mining lease of the Gundlupet Rare Earth Elements (REE) and Yttrium Block, spanning 314.21 hectares in Chamrajnagar District. HZL has been named the preferred bidder under Rule 10(2) of the Mineral Auction Rules 2015.

Likely market impact

Adds exposure to strategically important rare earth minerals, supporting long-term diversification beyond zinc and lead operations.