Particle.news
Download on the App Store

India Opens Seventh Auction Round for 19 Critical Mineral Blocks

Online bidding under streamlined rules targets broader participation to speed awards.

Overview

  • Union Minister G Kishan Reddy launches the tranche with Minister of State Satish Chandra Dubey in New Delhi.
  • Nineteen blocks across multiple states are being offered under mining lease or composite licence.
  • The sale will be conducted through a transparent two-stage ascending forward e-auction.
  • Recent reforms simplify post-auction timelines and allow insurance surety bonds in place of bank guarantees.
  • Six prior rounds have already awarded 46 blocks, and the National DMF Summit 2026 is being held alongside to advance mining-area development.