India takes deep dive into offshore mineral mining with 13 blocks

India has launched its first auction for offshore mineral exploration blocks, offering 13 blocks comprising lime mud, construction sand, and polymetallic nodules. The move aims to bolster the country's mineral wealth, with a significant rise in critical minerals demand anticipated, particularly for lithium. This initiative follows recent amendments to streamline offshore mineral resource allocation.

Nov 28, 2024 - 23:40
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India takes deep dive into offshore mineral mining with 13 blocks
India has launched its first auction for offshore mineral exploration blocks, offering 13 blocks comprising lime mud, construction sand, and polymetallic nodules. The move aims to bolster the country's mineral wealth, with a significant rise in critical minerals demand anticipated, particularly for lithium. This initiative follows recent amendments to streamline offshore mineral resource allocation.

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