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India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Apr 16, 2025

India has extended an auction of deep-sea blocks containing critical minerals used in electric vehicle batteries and other products until May 1, a spokesperson at India's Ministry of Mines said on Wednesday.China is a top global producer of 30 of the 50 minerals considered critical by the U.S. Geological Survey, but has been curtailing exports recently amid trade tensions with the United States.India in November launched the first tranche of an auction of 13 offshore deep-sea mineral blocks…

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