Ninth tranche of mineral block auctions offers 20 blocks
Till date, across the eight tranches of mineral block auctions, 100 unique critical and strategic mineral blocks have been offered, of which 64 blocks have been successfully auctioned.
The Ministry of Mines on Thursday launched the ninth tranche of mineral block auctions and the third tranche of exploration license auctions.
The latest tranche of mineral block auction features 20 critical and strategic mineral blocks, housing graphite, glauconite, vanadium, gallium, titanium, REE, Tungsten, potash and halite, among others.
Further, the third round of the exploration license auctions – that concern granting concessions through auction for undertaking reconnaissance and inspecting prospects – features 11 blocks housing copper, potash and halite, vanadium and associated mineralisation, among others.
Till date, across the eight tranches of mineral block auctions, 100 unique critical and strategic mineral blocks have been offered, of which 64 blocks have been successfully auctioned.
Further, 11 blocks have been auctioned off offered during the previous two tranches of exploratory license (EL) regime.
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