Vedanta Limited Wins Bids for Vital Mineral Blocks in Karnataka and Bihar
Sunday, 21 July 2024, 12:00
Vedanta Limited's Major Acquisition
Vedanta Limited has acquired two critical mineral blocks located in Karnataka and Bihar. The auction conducted by the mines ministry included the Nickel Chromium and PGE Blocks at various exploration stages.
Details of the Acquisitions
- Gollarahatti-Mallenahalli Block
- Genjana Block
Being declared the preferred bidder for both blocks reflects Vedanta's commitment to strengthening its mineral resources.
Conclusion
This acquisition not only broadens Vedanta's portfolio but also supports economic development in the respective states.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.