J&K Lithium Block Auction to Reopen

  • The Jammu and Kashmir administration is set to re-auction lithium reserves after an underwhelming first round.
  • Only two bids were received in the initial attempt, prompting the third tranche.
  • Seven critical mineral blocks will be available as a composite license.
  • The aim is to attract greater interest from potential miners.
  • The deadline for submitting bids is May 14, 2024.

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