No takers for Jammu and Kashmir lithium blocks in second bid: Report 

The block was put up for auction in March, with May 14 as the cutoff for bids.

Autocar Professional BureauBy Autocar Professional Bureau calendar 03 Jul 2024 Views icon2444 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
No takers for Jammu and Kashmir lithium blocks in second bid: Report 

Jammu and Kashmir has not secured any bids in its second take on auctioning mining rights for lithium reserves discovered last year, Reuters reported citing a source.

The government had found the first lithium deposits in J&K with estimated reserves of 5.9 million tonnes. 

The block was put up for auction in March, with May 14 as the cutoff for bids, even as it did not meet the minimum requirement of three bids in the first rounds in November, the newswire reported. 

Talking to Reuters on condition of anonymity, the person in the know said that the block would most likely go to a government agency for exploration, as no bids were placed. 

Reuters could not elicit a response in a timely manner from the Ministr of Mines. 

The government last year listed 30 minerals as critical for cleaner energy, of which lithium was one.

RELATED ARTICLES

Ultraviolette Pushes Tesseract Launch to 2027 With New 100V Scooter Platform

auther Autocar Professional Bureau calendar27 May 2026

Ultraviolette has delayed the launch of the Tesseract electric scooter to January 2027 as it shifts the model to a new 1...

Jio-bp, UPSRTC Partner for EV Charging Network Across UP, Delhi

auther Autocar Professional Bureau calendar27 May 2026

Partnership will support deployment of charging infrastructure for over 100 electric buses across six clusters in Uttar ...

Honda Crosses 10 Million Two-Wheeler Sales Milestone in North India

auther Dev Vadchhedia calendar27 May 2026

The automaker plans portfolio expansion across mid-size and higher-displacement segments to meet demand.