Govt to launch first-ever auction of critical mineral blocks on Wednesday
The Ministry of Mines is set to launch the first ever tranche auction of critical and strategic minerals on Wednesday. Union Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi will inaugurate the process of auctioning 20 blocks of critical and strategic minerals, the ministry said in a statement.
“The details of the mineral blocks, auction terms, and timelines will be made available on the auction platform of MSTC — a Miniratna Category-I public sector undertaking under the administrative control of the Ministry of Steel — at 6 pm on November 29, 2023,” the ministry said.
