Union minister G Kishan Reddy will launch the seventh tranche of critical mineral block auctions to boost India’s resource security. The move targets key minerals for clean energy, with reforms aimed at improving transparency and easing bidder participation
The output of iron ore, which accounts for 70 per cent of the total mineral production by value, increased to 289 million metric tonnes (MMT) in FY 2024-25, breaking the earlier production record of 277 MMT achieved in FY 2023-24, registering a 4.3 per cent growth
"In the note for consultation of Ministry of Mines, it is proposed to incorporate a provision in the Act to allow sale of 50 per cent of coal/lignite produced by captive mines on an annual basis," the Coal Ministry said
