New Delhi, March 19: India’s mineral sector achieved a record milestone in FY 2025–26 with the successful auction of 200 mineral blocks, the highest ever in a single year, according to the Ministry of Mines.
The auctions spanned a diverse mix of minerals, led by limestone with 76 blocks, followed by iron ore (40 blocks) and bauxite (30 blocks), highlighting strong demand from core industrial sectors. Notably, 22 critical mineral blocks were auctioned, underscoring the government’s focus on strengthening long-term resource security.
State participation played a key role, with Gujarat leading with 32 blocks, followed by Rajasthan (30) and Tamil Nadu (22). Other major contributors included Chhattisgarh, Odisha, Karnataka, and Maharashtra.
Of the total auctions, 123 were Mining Lease (ML) blocks and 77 were Composite Licence (CL) blocks, reflecting a balanced pipeline of operational and exploration opportunities. Additionally, tenders for 70 more blocks are currently underway, indicating sustained momentum in the sector.
The ministry highlighted that states’ proactive efforts in block preparation, data management, and administrative efficiency have strengthened the auction-based allocation framework. Milestones included Tamil Nadu conducting its first mineral block auctions and Uttarakhand entering the framework with its first magnesite block.
The record auctions signal growing maturity in India’s mineral allocation system, reinforcing transparency, efficiency, and long-term support for industrial growth and resource security.
