India to Auction 20 Critical Mineral Blocks
COAL & MINING

India to Auction 20 Critical Mineral Blocks

India is set to enhance its mineral sector with the upcoming auction of approximately 20 critical mineral blocks by the end of June. This initiative, spearheaded by the Mines Ministry, aims to accelerate the country's mining industry and reduce dependency on imports for crucial minerals. The move aligns with India's broader strategy to enhance self-sufficiency in key sectors and bolster domestic production.

The auction of these mineral blocks signifies a significant step towards unlocking India's vast mineral potential. With increasing demand for minerals across various industries including manufacturing, infrastructure, and renewable energy, securing a stable and reliable supply of critical minerals is imperative for India's economic growth and industrial development.

These critical minerals are essential for the production of a wide array of products ranging from electronics to batteries for electric vehicles, making them indispensable in the transition towards a sustainable future. By auctioning these mineral blocks, India aims to attract investments, foster innovation, and create employment opportunities in the mining sector while ensuring responsible and sustainable extraction practices.

Key stakeholders, including mining companies and investors, are closely monitoring the auction process, anticipating lucrative opportunities in India's mineral-rich regions. The transparent and competitive auction mechanism adopted by the government aims to ensure fairness and efficiency in allocating these valuable mineral resources.

The successful auction of these critical mineral blocks is expected to not only boost India's mining output but also contribute to the country's overall economic growth. It will strengthen India's position in the global mineral market and reduce reliance on imports, thereby enhancing energy security and promoting self-reliance in line with the government's vision of 'Atmanirbhar Bharat' (self-reliant India).

India is set to enhance its mineral sector with the upcoming auction of approximately 20 critical mineral blocks by the end of June. This initiative, spearheaded by the Mines Ministry, aims to accelerate the country's mining industry and reduce dependency on imports for crucial minerals. The move aligns with India's broader strategy to enhance self-sufficiency in key sectors and bolster domestic production. The auction of these mineral blocks signifies a significant step towards unlocking India's vast mineral potential. With increasing demand for minerals across various industries including manufacturing, infrastructure, and renewable energy, securing a stable and reliable supply of critical minerals is imperative for India's economic growth and industrial development. These critical minerals are essential for the production of a wide array of products ranging from electronics to batteries for electric vehicles, making them indispensable in the transition towards a sustainable future. By auctioning these mineral blocks, India aims to attract investments, foster innovation, and create employment opportunities in the mining sector while ensuring responsible and sustainable extraction practices. Key stakeholders, including mining companies and investors, are closely monitoring the auction process, anticipating lucrative opportunities in India's mineral-rich regions. The transparent and competitive auction mechanism adopted by the government aims to ensure fairness and efficiency in allocating these valuable mineral resources. The successful auction of these critical mineral blocks is expected to not only boost India's mining output but also contribute to the country's overall economic growth. It will strengthen India's position in the global mineral market and reduce reliance on imports, thereby enhancing energy security and promoting self-reliance in line with the government's vision of 'Atmanirbhar Bharat' (self-reliant India).

Next Story
Infrastructure Transport

Govt Mandates One Towing Vessel per Port for Emergency Response

In response to recent maritime disasters, the Directorate General of Shipping has proposed a new regulation requiring all Indian ports—whether major or non-major—that handle 10 million metric tonne (MMT) or more of cargo annually to designate at least one tug or towing vessel for emergency response.This proposal follows a series of serious maritime incidents along the Indian coastline, which highlighted deficiencies in the existing emergency response mechanisms. Two major incidents in 2025—the sinking of the container ship MSC ELSA 3 in May and a fire and explosion aboard the WAN HAI 503..

Next Story
Infrastructure Transport

Indian Railways Extends 3 Maharashtra Trains to UP, Jharkhand Temporarily

To maintain uninterrupted rail connectivity amid ongoing infrastructure upgrades, Indian Railways has temporarily extended three train services due to significant construction and renovation work at Gorakhpur Junction, a major station in the North Eastern Railway zone. These changes, which involve alterations in routes and schedules, will be in effect until the end of 2025.Godan Express (11055/11056)The Godan Express, operating between Lokmanya Tilak Terminus (LTT) in Mumbai and Gorakhpur, will now terminate at Gonda instead of Gorakhpur. This revised route will remain in effect until December..

Next Story
Infrastructure Transport

L&T Sets World Record in Tunnel Work on Rishikesh-Karanprayag Rail LinK

Larsen & Toubro (L&T) has achieved a significant milestone on the Rishikesh-Karnaprayag Rail Link project by setting a new world record in tunnel construction using a single-shield hard rock Tunnel Boring Machine (TBM). The feat was accomplished on June 29, a day ahead of schedule, when the TBM named 'Shiv' excavated 790 metres within 31 days during the final phase of tunnelling.This achievement marks the first time globally that a single-shield hard rock TBM has been used with such efficiency. The tunnel, which spans 13.09 km, runs parallel to a 14.57 km long upline tunnel that was co..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?