Critical mineral blocks: Vedanta bags two blocks on sale
Multinational mining company Vedanta Ltd bagged two critical mineral blocks at a recent auction. The blocks are in Karnataka and Bihar. Vedanta was declared the preferred bidder' for Genjana Nickel, Chromium, and PGE Block in Bihar and Gollarahatti-Mallenahalli Nickel Chromium and PGE Block in Karnataka. Ministry put these mines at the G4 level of exploration.
The exploration of any mineral deposit involves four stages -- reconnaissance survey (G4), preliminary exploration (G3), general exploration (G2), and detailed exploration (G1).
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