India cancels 14 out of 18 critical mineral block auctions
COAL & MINING

India cancels 14 out of 18 critical mineral block auctions

According to a notification from the government agency MSTC, India has cancelled the sale of 14 blocks of essential minerals that were scheduled for the second round of these auctions. India listed eight states' worth of 18 vital mineral blocks in February as it began the second round of its $362 billion essential minerals auction.

The administration of Prime Minister Narendra Modi is attempting to move to a renewable energy source through the auctions. The Ministry of Mines announced in a notification dated June 21 that no bids were received, hence the auction process for five blocks in the states of Rajasthan, Maharashtra, and Arunachal Pradesh was cancelled. Minerals like vanadium, graphite, chromium, and potash were present in these blocks.

Separately, since there were not the required three offers, the auction procedure for nine blocks' including those holding cobalt, limestone, and tungsten' was cancelled. These blocks are dispersed over the states of Arunachal Pradesh, Tamil Nadu, Maharashtra, Karnataka, and Chattisgarh.

According to a notification from the government agency MSTC, India has cancelled the sale of 14 blocks of essential minerals that were scheduled for the second round of these auctions. India listed eight states' worth of 18 vital mineral blocks in February as it began the second round of its $362 billion essential minerals auction. The administration of Prime Minister Narendra Modi is attempting to move to a renewable energy source through the auctions. The Ministry of Mines announced in a notification dated June 21 that no bids were received, hence the auction process for five blocks in the states of Rajasthan, Maharashtra, and Arunachal Pradesh was cancelled. Minerals like vanadium, graphite, chromium, and potash were present in these blocks. Separately, since there were not the required three offers, the auction procedure for nine blocks' including those holding cobalt, limestone, and tungsten' was cancelled. These blocks are dispersed over the states of Arunachal Pradesh, Tamil Nadu, Maharashtra, Karnataka, and Chattisgarh.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?