Mineral Auction Regime
- Recently, Telangana joined India's mineral auction regime, auctioning two limestone blocks at Sultanpur and Saidulnama in November, 2024 to NCL Industries and Deccan Cement.
- This makes Telangana the 14th state to participate.
- The Ministry of Mines reports that 81 mineral block auctions have occurred in FY25, with states like Madhya Pradesh, Rajasthan, and Uttar Pradesh actively participating.
- Auctions have included minerals like limestone, manganese, tungsten, iron ore, cobalt, and bauxite.
- Major companies such as Vedanta, Hindustan Zinc, and Ambuja Cements have emerged as winners in these ....
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