Centre auctions 56 critical mineral blocks, expands exploration licences to 11 blocks
Why it matters
Why it matters for greenfield investors: Centre auctions 56 critical mineral blocks, expands exploration licences to 11 blocks. Energy and decarbonisation announcements change what a greenfield plot must prove on power and ESG. Our analysis is written for industrial investors, not traders.
India has strengthened its critical minerals strategy with the successful auction of 56 critical and strategic mineral blocks by the Ministry of Mines. The latest seventh tranche added 10 new blocks, including the first-ever Centre-led auctions in Gujarat, Uttarakhand, and Telangana. Covering minerals such as rare earth elements, graphite, vanadium, titanium, and rock phosphate, the initiative aims to enhance resource security and support future industrial growth.