India to auction two offshore mineral blocks in Andaman Sea

The Indian government is preparing to auction two offshore mineral exploration blocks located in the Andaman Sea, marking a significant move towards tapping the country's marine mineral resources. The combined area of the two blocks exceeds 1,632 square kilometres, positioning them as substantial assets for mineral extraction and development.

The mineral deposits within these blocks contain polymetallic nodules and crusts, which are known to harbour a range of minerals considered strategically important for industrial and technological applications. Such deep-sea mineral resources have increasingly attracted global attention as nations seek alternative sources for critical minerals amid supply chain concerns.

The auction initiative reflects India's broader strategy to secure access to key minerals required for various sectors, including electronics, renewable energy, and defence manufacturing. As demand for minerals like cobalt, nickel, and manganese continues to rise globally, developing domestic marine resources could help reduce India's dependence on imports.

Details regarding the auction timeline, bidding process, and specific mineral composition of the blocks are expected to be announced by the government in due course. The move aligns with India's efforts to leverage its maritime zones for economic development while adhering to international maritime regulations and environmental standards.