NLC India Named Preferred Bidder For Two Mineral Blocks In Chhattisgarh

NLC India Ltd. on Tuesday said it has been declared the preferred bidder for two mineral blocks in Chhattisgarh under the Ministry of Mines’ auction of critical and strategic mineral assets.

The company won bids for the Semhardih Phosphorite and Limestone block and the Raipura Phosphorite and Limestone block, both located in Balod district, it said in an exchange filing.

The Ministry of Mines concluded the auction of 10 out of 15 mineral blocks offered in the fifth tranche. These blocks include critical and strategic minerals such as graphite, phosphorite, phosphate, rare earth elements, vanadium, potash, and halite. The blocks are spread across Chhattisgarh, Karnataka, Madhya Pradesh, Odisha, Rajasthan and Uttar Pradesh, the ministry said in a press release.