India, March 19 -- The Government of India has issued a release:
India's mineral sector has achieved a significant milestone in the financial year 2025-26 with the successful auction of 200 mineral blocks, the highest ever in a single year. This achievement reflects the strong cooperative efforts between the Union and State Governments and highlights the growing maturity of India's auction-based mineral allocation framework.
Out of the 200 auctioned blocks, 123 are Mining Lease (ML) blocks and 77 are Composite Licence (CL) blocks, indicating a balanced mix of operational and exploration-focused opportunities. In addition, Notices Inviting Tenders (NITs) for 70 mineral blocks (38 ML and 32 CL) are currently underway, which is expected to f...