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India launches auction for exploration licenses to unlock critical minerals like lithium and copper.
India will launch its first-ever auction of Exploration Licences on March 13 in Goa, aimed at unlocking the country's untapped critical minerals like lithium, copper, and rare earth elements.
The auction, authorized by the MMDR Amendment Act 2023, allows private participation in exploration and aims to improve mineral security and reduce dependence on imports.
The auction will feature 13 blocks and include minerals such as zinc, diamond, and platinum group elements, conducted via an online bidding system.
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India lanza una subasta de licencias de exploración para desbloquear minerales críticos como litio y cobre.