Key Points
The Indian government will start the auction of critical mineral mines in a few weeks from now, reported ET Now, quoting Mines Secretary...
In August, there were reports of India getting preparing to start the auction process for some 100 critical mineral blocks..
According to a Bloomberg report, Mines Secretary Vivek Bharadwaj had revealed that the blocks that are being prepared for auction includes nickel, lithium, cobalt and platinum, along with rare earths...
India changed its mining rules in July in a bid to boost exploration of some critical minerals like lithium by allowing private miners to search for the materials..
Additionally, the establishment of Khanij Bidesh India Ltd., a joint venture involving three government-owned companies, further underscores India's commitment to securing critical mineral assets on an international scale, with a primary focus on regions such as Australia and South America...
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