Central Government of India

Ministry of Mines Launches the Ninth Tranche of Critical Mineral Block Auction and the Third Tranche of Exploration Licence Auction; Unveils Landmark Reform

The Ministry of Mines launched auctions for 20 critical and strategic mineral blocks and the third tranche of exploration licences. A 2026 rule change lowers the minimum number of technically qualified bidders for second-round Part D auctions from three to two, aiming to improve auction outcomes.

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