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Critical mineral block auctions scrapped over low bidders interest
short by Vaishnavi Mishra / on Monday, 6 July, 2026
The government has cancelled the auction of nine critical and strategic mineral blocks from the seventh round of sales due to poor investor response and a lack of qualified bidders. The blocks are located in Madhya Pradesh, Rajasthan, Bihar, Chhattisgarh and Odisha. The move is a setback to India's efforts to strengthen energy security, clean-tech manufacturing and reduce import dependence.
read more at Moneycontrol