Union Mines Minister G. Kishan Reddy. File
| Photo Credit: The Hindu
The Union Ministry of Mines could be launching the seventh tranche of public sale of crucial and strategic mineral blocks on Monday (March 23, 2026), it knowledgeable. The newest tranche would provide 19 blocks throughout a number of states underneath each mining lease and composite licenses.
About the composition of the blocks, the Ministry said, “These blocks comprise a diverse basket of minerals essential for sectors such as clean energy, advanced technologies, fertilizers and strategic industries.”
The auctions would observe a two-stage ascending public sale course of, whereby the best bidder could be chosen primarily based on the “highest percentage of value of mineral dispatched quoted”.
As on date, the Mines Ministry has efficiently auctioned off 46 crucial and strategic minerals throughout the six tranches of auctions.
Critical minerals are vital for the nation’s financial improvement and mineral safety.
The international transition in the direction of clear vitality and superior applied sciences has considerably elevated the demand for minerals, together with lithium, graphite, uncommon earth parts, tungsten, vanadium, titanium, and different uncommon metals.
Their restricted availability and geographical focus pose challenges to resilient provide chains worldwide.
“Union Minister of Coal and Mines G. Kishan Reddy, along with the Minister of State for Coal and Mines Satish Chandra Dubey, will launch the 7th tranche of auction of critical and strategic mineral blocks on March 23,” the Ministry stated.
In a separate assertion, the Ministry stated that it might organise the National District Mineral Foundation Summit 2026 on Monday (March 23) and Tuesday (March 24).
(with PTI inputs)
Published – March 22, 2026 02:25 pm IST