The government successfully closed the auction of 10 out of 15 critical and strategic mineral blocks, which were listed on the offer under the fifth trance launched 28 January.
These 10 blocks contain critical and strategic minerals such as graphite, phosphorite, phosphate, elements of rare soils, vanadu; And for the first time Potash and Halite spread through Chhattisgarh, Karnataka, Madhya Pradesh, Odisha, Rajasthan and Uttar Pradesh.
The state company Coal India LTD ensured mining rental for Graphite Oranga-Revatipur and the Vanadian block in Chhattisgarh. Oil India Ltd and Hindustan Zick Ltd won the first auction of pots and halit blocks in Rajasthan.
Other winners include Vinmir Resources pvt., RK Mineral Development Pvt., Sunflag Iron and Steel Co. LTD, NLC India Ltd, Ramgad Minerals and Mining Ltd.
This total number of blocks auctioned by the central government reached 34.
The key milestone under Trache V is the first successful auction of the Potaš Bloc, which refers to the main step to unlock domestic resources of the reserve to help agriculture. This milestone also represents the first successful auction of a critical and strategic mineral block in Rajasthan.
“For the first time in India! Pavement of the road for mining … India distracts a bold jump to self -sufficient insertion in fertilizer minerals … Unlocking the potential of Potaš mining we are ready to reduce dependence on imports and strengthen the spine of our agricultural farmers!”
To date, a total of 34 blocks were successfully auctions in 5 tranches out of 55 critical mineral blocks that were put into the auction. Regular auction of critical mineral blocks is an important element of the strategy adopted by the Ministry to build self -sufficiency in critical minerals in the country.
The ministry also focuses on exploring critical minerals in the country and has launched a national mission mission to ensure self -sufficiency.
(Tagstotranslate) mineral blocks
