The third tranche of E-auction of Critical & Strategic Minerals was launched by the Ministry of Mines yesterday i.e., 14th March 2024. A total of 7 critical mineral blocks are being put up for auction as composite license in this 3rd Tranche. These 7 mineral blocks are auctioned under second attempt of auction as per sub-rule 10 and sub-rule 11(b) of rule 9 of Mineral (Auction) Rules 2015. The notice inviting tender (NIT) has been published on MSTC e-auction portal and on the Ministry of Mines website. The blocks which are notified under this tranche are those blocks which have received less than three bids in first tranche.

These seven blocks pertains to critical minerals such as Glauconite, Graphite, Nickel, PGE, Potash, Lithium, and Titanium and are spread across the States...

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