📷 Image: Wikimedia Commons / Ministry of Mines
Business
India launches ninth tranche of critical mineral auctions to strengthen domestic supply
✍️ Zee Business
🗓 07 Nov 2026, 12:46 AM
👁 11
The central government has opened the ninth round of auctions for critical minerals, aiming to secure a reliable domestic supply chain.
New Delhi – The Union government announced the commencement of the ninth tranche of auctions for critical minerals, a move intended to enhance India's self‑reliance in key raw materials. The auction series, overseen by the central authorities, targets minerals deemed essential for strategic sectors such as defence, renewable energy and high‑technology manufacturing. By inviting domestic and foreign participants to bid, the government hopes to build a robust internal supply chain and reduce dependence on imports.
The latest round follows eight previous tranches that have already attracted interest from industry players seeking to secure long‑term contracts. Officials indicated that the minerals on offer include those used in battery production, electronics and other advanced applications, though specific quantities were not disclosed.
Stakeholders are expected to submit bids within the stipulated timeline, after which allocations will be made based on competitive criteria. The initiative aligns with broader policy efforts to develop indigenous mineral processing capabilities and to support the Make in India agenda.
The announcement was reported by Zee Business, which highlighted the government's focus on creating a stable domestic market for these strategic resources.
The latest round follows eight previous tranches that have already attracted interest from industry players seeking to secure long‑term contracts. Officials indicated that the minerals on offer include those used in battery production, electronics and other advanced applications, though specific quantities were not disclosed.
Stakeholders are expected to submit bids within the stipulated timeline, after which allocations will be made based on competitive criteria. The initiative aligns with broader policy efforts to develop indigenous mineral processing capabilities and to support the Make in India agenda.
The announcement was reported by Zee Business, which highlighted the government's focus on creating a stable domestic market for these strategic resources.