The Ministry of Mines, in collaboration with the Government of ___________, launched India’s first-ever auction of Exploration Licences.

The Correct Answer is Goa.

In News

•  Govt launches first exploration licence auction for critical minerals to reduce dependence on mineral imports.

Key Points

• The Ministry of Mines, in collaboration with the Government of Goa, launched India’s first-ever auction of Exploration Licences.
• The auction focuses on 13 Exploration Licence blocks covering critical minerals such as Rare Earth Elements, Zinc, Copper, and Diamond.
• The auction follows a transparent online bidding process aimed at accelerating systematic exploration and reducing India’s dependence on mineral imports.
• The event also featured the launch of the AI Hackathon 2025, which focuses on mineral targeting using artificial intelligence.