Govt's Pre-Bid Meet for Critical Mineral Auction on Dec 22

Govt's Pre-Bid Meet for Critical Mineral Auction on Dec 22

Delhi, 22 December (H.S): The Ministry of Mines has scheduled a pre-bid conference on Friday, providing a platform for industry participants, potential bidders, and stakeholders to seek clarifications and address queries related to the first tranche of auction for critical and strategic minerals. The conference, conducted in hybrid mode at the Dr. Ambedkar International Centre, aims to ensure transparency and facilitate a smooth bidding process for the 20 critical minerals auction launched on November 29. These minerals, integral for advanced technologies, will contribute to various sectors, including renewable energy and electronics.

Impact on MSMEs and Businesses: The pre-bid conference offers MSMEs and businesses insights into the upcoming auction of critical minerals, allowing them to engage with industry leaders and gain clarity on potential opportunities. This initiative fosters an environment of transparency, providing a level playing field for businesses interested in participating in the auction. Access to these critical minerals can significantly impact businesses involved in the production of advanced technologies, ensuring a sustainable supply chain and fostering innovation in sectors such as renewable energy, electronics, and defense.

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