Govt to launch first round of auction of critical, strategic minerals on Nov 29

Tuesday, 28 November 2023
The government will launch the first round of auction of critical and strategic minerals on Wednesday putting 20 blocks under the hammer. The lack of availability of these minerals or concentration of their extraction in a few countries may lead to supply chain vulnerabilities. The future global economy will depend on minerals like lithium, graphite, cobalt, titanium, and rare earth elements. India's ambitious energy transition plan will drive the demand for these critical minerals.

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