NLC India exploring possibility of mining critical minerals, will participate in auction: CMD

NLC India Ltd, a state-owned company, is considering mining critical minerals, including lithium, and plans to participate in the auction for these blocks. The company's chairman and managing director stated that they have the expertise in mining and want to utilize it in the mining of critical minerals. They are exploring the viability of these projects and are serious about moving in this direction. The Union Cabinet recently approved royalty rates for these minerals, allowing their auction for the first time in India. https://ift.tt/nzGreUV