India launches 1st auction of 20 critical mineral blocks ‘containing deposits worth Rs 45,000 crore’

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New Delhi: Union mining minister Pralhad Joshi Wednesday launched Indias first-ever auction of 20 blocks of critical minerals, including lithium, molybdenum, and rare earth elements...

The blocks up for auction which will be conducted online contain critical minerals such as lithium, rare earth elements, molybdenum, glauconite, chromium, lithium, nickel, potash, and phosphorite, among others...

From mobile phones to electric vehicles, solar panels, semiconductors and wind turbines, all modern technologies are dependent on critical minerals such as lithium, graphite, cobalt, thalium and rare earth elements..

The amendments also paved the way for the private commercial mining of six critical minerals lithium, beryllium, niobium, tantalum, titanium and zirconium and deep-seated minerals like gold, silver, and copper..

The 30 critical minerals identified include antimony, beryllium, bismuth, cobalt, copper, gallium, germanium, graphite, hafnium, indium, lithium, molybdenum, niobium, nickel, phosphorous, potash, titanium, tungsten and rare earth elements...

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