India to auction Jammu and Kashmir lithium blocks again after weak 1st round

The Central government will auction lithium reserves in Jammu and Kashmir again as part of a third-tranche, a government source with direct knowledge said on Friday.

The auction will take place again as the government received only two bids in the first round, the source said.

"A total of seven critical mineral blocks are being put up for auction as composite license in this third Tranche," the government had said earlier this month in a statement.


The last day of submission of bids is May 14, the statement said.