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EconomyPIB14 July 2026
Ministry of Mines to Launch Eighth Tranche of Auction of Critical and Strategic Mineral Blocks
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π Summary:
- Union Coal & Mines Minister G. Kishan Reddy to launch the Eighth Tranche of auction of critical and strategic mineral blocks on 15 July 2026 in New Delhi
- Eighth Tranche comprises 20 blocks across nine States β 13 newly identified blocks and 7 re-offered (second attempt)
- Mineral portfolio: Molybdenum, Graphite, Glauconite, Rare Earth Elements (REE), Vanadium, Gallium, Titanium, Tungsten, Phosphorite, Potash, Lithium, Cesium and Rubidium β critical for clean energy, advanced manufacturing, fertilisers and defence
- Cumulative progress: 56 of 88 critical/strategic blocks auctioned across seven tranches (63%+ success rate)
- FY 2025-26 milestone: 212 mineral blocks auctioned (highest ever in a financial year), including 22 critical/strategic blocks
- Government recently notified amendments to the Mineral (Auction) Rules, 2026 β rationalising upfront payment timelines, giving flexibility in executing Mining Lease/Prospecting Licence deeds, and easing refund of bid/performance security on annulled auctions
π― UPSC Relevance: GS3 economy β critical mineral security, MMDR framework, clean energy transition, supply-chain resilience, atmanirbharta in strategic minerals
π Prelims Facts:
- Eighth Tranche: 20 blocks across 9 States (13 new + 7 re-offered)
- Minerals include Lithium, REE, Gallium, Vanadium, Tungsten, Cesium, Rubidium
- 56 of 88 critical blocks auctioned so far (63%+ success)
- FY 2025-26: record 212 blocks auctioned
- Governed under Mineral (Auction) Rules, 2026 and the MMDR Act framework
π Key Term: Critical Minerals β minerals essential to economic and national security whose supply chains are vulnerable to disruption (e.g., lithium, cobalt, rare earths).
Critical MineralsMMDRAuctionRare Earth ElementsLithium
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