Union Mines Ministry auctions 56 critical and strategic mineral blocks across tranches.
The Union Mines Ministry announced that 56 critical and strategic mineral blocks have been cumulatively auctioned across all tranches to date. This update came after the completion of the seventh tranche of auctions, which saw 10 critical and strategic mineral blocks successfully auctioned. The seventh tranche, initiated on March 23 this year, originally offered 19 mineral blocks. The Ministry also confirmed the completion of the second tranche of exploration licence auctions, indicating ongoing efforts to boost domestic mineral production and reduce import dependency for critical minerals essential for various industries and national security.
Key Points
- 56 critical and strategic mineral blocks have been cumulatively auctioned across all tranches.
- The seventh tranche of auctions resulted in the auction of 10 critical and strategic mineral blocks.
- The seventh tranche initially offered 19 mineral blocks, commencing on March 23, 2026.
- The Ministry also completed the second tranche of exploration licence auctions.
Exam Facts
- Total critical/strategic mineral blocks auctioned: 56.
- Blocks auctioned in seventh tranche: 10.
- Seventh tranche commenced: March 23, 2026.
- Number of blocks offered in seventh tranche: 19.
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