29
Jul
15:01
India cancels auction of 3 critical mineral blocks
The Indian government has cancelled the auction of three critical mineral blocks under the third tranche of its critical minerals auction, citing a lower-than-required number of bidders.
The ministry of mines launched the third tranche of the auction in March this year, with seven critical mineral blocks put up for auction. These blocks received less than three bids in the first tranche, which opened last November. Critical minerals including graphite, nickel, and…
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