India looking at Africa for critical minerals, says Mines secretary: PTI

Rules for the auction of offshore mineral blocks are being readied and 10 offshore blocks would be put on sale. 

22 Mar 2024 | 5247 Views | By Autocar Professional Bureau

VL Kantha Rao, Mines Secretary said that India is looking at Africa for minerals including cobalt and other critical minerals, PTI reported.

The country is still engaging with Australia for lithium blocks, he said. Talking to reporters on the sidelines of a function, Rao said, "In Africa, we are looking at Zambia, Namibia, Congo, Ghana and Mozambique for critical minerals." Critical minerals are important for technology, manufacturing and other industries, PTI noted. 

Rao further said that rules for the auction of offshore mineral blocks are being readied and that 10 offshore blocks will be put on sale. The auction of offshore blocks, he said, would take place after the elections, PTI reported. 

Rao further noted that the lithium block in J&K that was out on sale in the first round, would now be auctioned only in the third tranche, as it received merely two bids. 

The government had this month, launched the third tranche of auction of critical and strategic minerals. Seven critical mineral blocks have been put up for sale in the third round. The centre has launched the auction of 38 critical and strategic minerals to date, PTI reported. 

RELATED ARTICLES

Weekly News Wrap: Hyundai Eyes Third Plant, CAFE III Notified, EV Sales Hit Record

Darshan Nakhwa 04 Oct 2026

Record EV sales, new fuel-efficiency rules and fresh manufacturing plans marked a week of rapid change across India’s au...

Skoda Sees Potential SUV Fatigue Giving Sedans a Fresh Opening

Ketan Thakkar 04 Oct 2026

Slavia contributes 18–20 percent of monthly sales as Skoda refreshes the model and looks to preserve its sedan leadershi...

JLR Q2 Wholesales Rise 24% Year-on-Year as UK and Overseas Markets Offset China and Middle East Weakness

Arunima Pal 03 Oct 2026

By model, Range Rover, Range Rover Sport and Defender made up 77.6% of total wholesale volumes, up from 76.7% in Q2 FY26...

NEXT STORY