The government of the East Indian state of Odisha has set a target to auction 34 mineral blocks, including iron ore and manganese, during the 2026-2027 fiscal year, a government official said on Tuesday, March 31.The official said that these mineral assets are scattered across 12 districts of the state and include explored and undiscovered blocks.
Although the full list of all 34 blocks has not yet been "frozen," it includes five iron ore blocks, six bauxite blocks, four blocks covering both iron ore and manganese, three quartz blocks and two limestone blocks, he said.He said that in accordance with the auction rules, the winning bidders will be granted 50-year mining concessions for these assets, which will provide greater stability to investors.
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