Business News | India Auctions 46 Critical Mineral Blocks, Launches 7th Round with 19 More: G Kishan Reddy

New Delhi [India], April 13 (ANI): The Union government has successfully auctioned 46 critical mineral blocks across six rounds and is now initiating the auction process for another 19 blocks in the seventh round to bolster national resource security, said Union Minister of Coal and Mines G.

Kishan Reddy shared these details while addressing a roadshow organized on the occasion of the 7th Tranche Auction of Critical Mineral Blocks in Hyderabad.

He highlighted that in the current era of shifting geopolitics, climate change, and economic concerns, critical minerals have moved to the center of global strategy.

Also Read | BIGBANG at Coachella 2026: 'Kings of K-Pop' Make Explosive 20th Anniversary Comeback With Iconic Hits 'Bang Bang Bang', 'Fantastic Baby' and More (Watch Videos). "There was a time when nations were defined by the land they controlled.

Today, they are increasingly defined by the minerals they can secure," the Minister said.

Reddy noted that the rise of these minerals is fundamental to every nation's vision of the future and will play a defining role in the journey toward a Viksit Bharat by 2047.

He emphasized that the event was not a routine conference but a reminder to stakeholders of their role in a larger national mission.

He stated that the government has completely scrapped import duties on 24 critical minerals to support the industry and that two vanadium and titanium blocks in Telangana are now ready for auction.