India extends auction for deep-sea blocks containing critical minerals

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 US Geological Survey, but has been curtailing exports recently amid trade tensions with the United States.

Apr 16, 2025 - 13:57
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India extends auction for deep-sea blocks containing critical minerals
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 US Geological Survey, but has been curtailing exports recently amid trade tensions with the United States.