New Delhi, Feb. 29 -- Ministry of Mines has received more than 50 bids indicating the strong interest and confidence in the auction process. This robust response reaffirms Government's commitment to fostering transparency, competition, and sustainable growth in the mining sector, an official statement said on Thursday.

First Tranche of auction of 20 critical and strategic mineral blocks was launched by the Union minister of Parliamentary Affairs, Coal and Mines, Pralhad Joshi on November 29, 2023.

These blocks represented a diverse array of critical and strategic minerals essential for various industries. These blocks consisted of minerals like Glauconite, Nickel, PGE, Potash, Graphite, Molybednum, Phosphorite, Lithium and REE. These bl...