Ministry Launches Third Critical Mineral Blocks
COAL & MINING

Ministry Launches Third Critical Mineral Blocks

India's Ministry of Mines has announced the launch of the third round of auction for critical mineral blocks, marking a significant step towards enhancing domestic production of essential minerals and reducing the country's reliance on imports. The auction, which focuses on critical minerals vital for various industrial sectors, underscores the government's commitment to promoting self-sufficiency and bolstering the mineral resource base in the country.

The third round of auction for critical mineral blocks includes a diverse range of minerals such as lithium, bauxite, copper, and gold, among others. These minerals play a crucial role in supporting key industries such as renewable energy, electronics, and manufacturing, highlighting their strategic importance for India's economic growth and development.

The launch of the auction comes at a time when India is seeking to ramp up its domestic production of critical minerals to meet the growing demand from domestic industries and reduce reliance on imports. By harnessing the mineral potential within the country, India aims to enhance its mineral security and create a conducive environment for investment in the mining sector.

The auction process for critical mineral blocks will be conducted transparently and in accordance with the provisions of the Mines and Minerals (Development and Regulation) Act, 1957. The Ministry of Mines will oversee the auction process and ensure that it adheres to all regulatory guidelines, fostering a competitive and fair bidding environment for participating companies.

The launch of the third round of auction for critical mineral blocks is expected to attract interest from both domestic and international mining companies, signalling opportunities for investment and development in India's mineral sector. By unlocking the mineral potential of the country, India aims to strengthen its position as a leading producer and supplier of critical minerals in the global market.

India's Ministry of Mines has announced the launch of the third round of auction for critical mineral blocks, marking a significant step towards enhancing domestic production of essential minerals and reducing the country's reliance on imports. The auction, which focuses on critical minerals vital for various industrial sectors, underscores the government's commitment to promoting self-sufficiency and bolstering the mineral resource base in the country. The third round of auction for critical mineral blocks includes a diverse range of minerals such as lithium, bauxite, copper, and gold, among others. These minerals play a crucial role in supporting key industries such as renewable energy, electronics, and manufacturing, highlighting their strategic importance for India's economic growth and development. The launch of the auction comes at a time when India is seeking to ramp up its domestic production of critical minerals to meet the growing demand from domestic industries and reduce reliance on imports. By harnessing the mineral potential within the country, India aims to enhance its mineral security and create a conducive environment for investment in the mining sector. The auction process for critical mineral blocks will be conducted transparently and in accordance with the provisions of the Mines and Minerals (Development and Regulation) Act, 1957. The Ministry of Mines will oversee the auction process and ensure that it adheres to all regulatory guidelines, fostering a competitive and fair bidding environment for participating companies. The launch of the third round of auction for critical mineral blocks is expected to attract interest from both domestic and international mining companies, signalling opportunities for investment and development in India's mineral sector. By unlocking the mineral potential of the country, India aims to strengthen its position as a leading producer and supplier of critical minerals in the global market.

Next Story
Infrastructure Urban

Welspun Enterprises Wins 910 MLD Panjrapur WTP Contract

Welspun Enterprises (WEL), the infrastructure and energy arm of Welspun World, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) to design, build and operate a 910 million litres per day (MLD) Water Treatment Plant (WTP) at Panjrapur, Maharashtra.Valued at approximately Rs 31.45 billion, the project encompasses end-to-end civil, mechanical, electrical and instrumentation works, including the construction of a treated water sump and pumping station. Of the total value, nearly Rs 11.56 billion is allocated to Operations & Maintenance (O&M), with an additional..

Next Story
Infrastructure Energy

Mitsubishi Power Wins Boiler Upgrade Contract for O Mon 1 Plant

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, (MHI), has been awarded a contract to support the oil-to-natural-gas fuel conversion at the O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam. As the OEM of the plant’s existing boiler, Mitsubishi Power will supply key equipment—including new gas burners—and implement a selective catalytic reduction (SCR) system to reduce NOx emissions and help the plant meet stricter environmental standards.The O Mon 1 facility includes two 330 MW units that commenced operations in 2009 and 2015, with all major equipment or..

Next Story
Equipment

Liebherr’s 10,000th XPower Wheel Loader Joins BERGER’s Fleet

BERGER Rohstoffe GmbH has welcomed the 10,000th Liebherr XPower wheel loader to its operations at the Schlag granite quarry in Passau. The milestone machine, officially handed over at Liebherr’s Bischofshofen plant in May 2025, underscores the long-standing partnership between BERGER, Liebherr, and the Beutlhauser Group. Equipped with Liebherr’s signature power-split travel drive, the new L 580 XPower is already delivering strong results under demanding quarry conditions.At the Schlag quarry, BERGER Rohstoffe processes approximately 200,000 tonnes of Bayerwald granite annually into high-qu..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Get CW App