Minister of Mines Pralhad Joshi said that 5.9 million tonnes of Lithium reserves are found in Reasi of Jammu and Kashmir. He, however, said that decision regarding auctioning of the reserves will be taken up by the J&K Government.
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The central government is expected to complete the auction of the 5.9-million tonne (mt) lithium reserves discovered in the Reasi district of the northern Union Territory (UT) of Jammu & Kashmir (J&K) by the end of this calendar year, Union Mines Secretary Vivek Bharadwaj said on the sidelines of the launch of the Federation of Indian Chambers of Commerce and Industry (Ficci) report on New-Age Energy Minerals on Tuesday. Auction will be over by the end of this year, said Bharadwaj, adding, We have already recommended a transaction advisor to the J&K government for the auction of lithium reserves.
However, the exact timeline for an auction will be decided by J&K authorities, Union mines minister Pralhad Joshi said in Parliament last month.
NL Corresspondent The central government is expected to complete the auction of the 5.9-million tonne (mt) lithium reserves discovered in the Reasi district of the northern Union Territory (UT) of Jammu & Kashmir (J&K) by the end of this calendar year, Union Mines Secretary Vivek Bharadwaj said on the sidelines of the launch of