Context: The Government of India has launched the 7th tranche of auctions for 19 critical and strategic mineral blocks across multiple states.
Key Facts:
- Authority: Conducted by Ministry of Mines under the Mines and Minerals (Development and Regulation) Act, 1957
- Critical minerals are essential for economic development and strategic sectors, with supply risk and limited substitutes
- Examples: Lithium, graphite, rare earth elements, tungsten, vanadium, titanium
- Type of Allocation: Mining lease and composite licence (prospecting + mining)
- Objective: Strengthen mineral security and reduce import dependence
- Usage: Key inputs for clean energy, electronics, fertilizers, and advanced technologies
- Significance: Supports energy transition and resilient supply chains.
La Excellence IAS Academy, the best IAS coaching in Hyderabad, known for delivering quality content and conceptual clarity for UPSC 2026 preparation.
FOLLOW US ON:
â—‰ YouTube : https://www.youtube.com/@CivilsPrepTeam
â—‰ Facebook: https://www.facebook.com/LaExcellenceIAS
â—‰ Instagram: https://www.instagram.com/laexcellenceiasacademy/
GET IN TOUCH:
Contact us at info@laex.in, https://laex.in/contact-us/
or Call us @ +91 9052 29 2929, +91 9052 99 2929, +91 9154 24 2140
OUR BRANCHES:
Head Office: H No: 1-10-225A, Beside AEVA Fertility Center, Ashok Nagar Extension, VV Giri Nagar, Ashok Nagar, Hyderabad, 500020
Madhapur: Flat no: 301, survey no 58-60, Guttala begumpet Madhapur metro pillar: 1524, Rangareddy Hyderabad, Telangana 500081
Bangalore: Plot No: 99, 2nd floor, 80 Feet Road, Beside Poorvika Mobiles, Chandra Layout, Attiguppe, Near Vijaya Nagara, Bengaluru, 560040
Critical Mineral Blocks Auction