Government cancels auction of 11 critical mineral blocks
The government has annulled the auction of 11 critical mineral blocks in the fourth round due to a weak response from bidders. Four blocks, including tungsten and glauconite located in Chhattisgarh and Arunachal Pradesh, attracted no bids, while the remaining seven received fewer than three technically qualified bidders, leading to the cancellation of the auction process for all blocks. This follows a pattern seen in previous rounds, where several critical mineral blocks were also scrapped…