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Centre proposes cap on performance security and upfront amount to auction critical and strategic minerals, ET Auto

The Mines Ministry aims to boost mining company participation by proposing caps on performance security and upfront amounts for critical mineral blocks. The move follows pre-bid consultations and aims to streamline the auction process for 20 strategic mineral blocks, including graphite and lithium.

Centre proposes cap on performance security and upfront amount to auction critical and strategic minerals

The Mines Ministry aims to boost mining company participation by proposing caps on performance security and upfront amounts for critical mineral blocks. The move follows pre-bid consultations and aims to streamline the auction process for 20 strategic mineral blocks, including graphite and lithium.

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