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Govt scraps auction of 9 critical mineral blocks citing poor investor response
Government cancels auction of nine crucial mineral blocks due to poor investor interest and a lack of qualified bidders. This setback hinders efforts to boost domestic production of minerals vital for energy security and clean-tech manufacturing. The cancellations, a recurring issue in previous rounds, highlight challenges in attracting private investment to riskier mining ventures with high costs and regulatory hurdles.
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economictimes.indiatimes.com
Govt scraps auction of 9 critical mineral blocks citing poor investor response
Government cancels auction of nine crucial mineral blocks due to poor investor interest and a lack of qualified bidders. This setback hinders efforts to boost domestic production…
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thehindubusinessline.com
Centre scraps auction of 9 critical mineral blocks citing poor investor response
It also reflects the challenge of drawing private investment into riskier mineral assets, where technical complexities, higher capital costs and regulatory uncertainties tend to…
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newsbytesapp.com
Why Modi government canceled auction of 9 strategic mineral blocks
India's government has cancelled the auction of nine critical mineral blocks in the seventh round due to inadequate investor interest and a lack of qualified bidders.