The government has successfully completed the auction of 10 out of 15 critical and strategic mineral blocks under the fifth tranche, which was launched on January 28, 2025. This round marks a significant advancement in the country’s efforts to boost domestic production of essential minerals.
First-Ever Potash and Halite Blocks Auctioned
For the first time, authorities offered and successfully auctioned potash and halite blocks—marking a major milestone in India’s push for mineral self-reliance. Oil India Ltd and Hindustan Zinc Ltd emerged as the winners of these bids, securing potash and halite blocks in Rajasthan. The auction also marked the first-ever successful sale of a critical and strategic mineral block in Rajasthan, opening the door for future investments in the state’s resource potential.
Diverse Mineral Portfolio Across Six States
The ten awarded blocks cover a range of critical minerals including graphite, phosphorite, phosphate, rare earth elements (REEs), vanadium, potash, and halite. These are spread across Chhattisgarh, Karnataka, Madhya Pradesh, Odisha, Rajasthan, and Uttar Pradesh.
Among the key winners:
*Coal India Ltd secured the Oranga-Revatipur graphite and vanadium block in Chhattisgarh.
*Vinmir Resources Pvt. Ltd, R K Mineral Development Pvt. Ltd, Sunflag Iron and Steel Co. Ltd, NLC India Ltd, and Ramgad Minerals and Mining Ltd also won leases in this round.
Building Momentum in Critical Mineral Development
With the latest tranche, the total number of blocks auctioned by the Centre has reached 34, out of the 55 critical mineral blocks offered to date. These auctions play a vital role in India’s broader strategy to secure critical mineral supplies needed for sectors like clean energy, electronics, and agriculture.
The successful auction of a potash block plays a crucial role because potash serves as a key input in agriculture. Unlocking domestic reserves will reduce dependency on imports and strengthen India’s food security.
National Critical Mineral Mission Gains Traction
In parallel, the Ministry of Mines continues to prioritize exploration of critical minerals. It also focuses on ensuring long-term supply security through the National Critical Mineral Mission. This initiative is central to building self-sufficiency and resilience in the country’s mineral value chain. As reported by msn.com, auctions are becoming more regular and strategic. India is steadily moving toward self-reliance in critical mineral resources, ensuring sustainable growth across high-impact sectors.
