Public sector mining and power generation company NLC India has emerged as the preferred bidder for a Vanadium, Titanium and Aluminous Laterite block in Telangana.
“NLC India Limited is declared as preferred bidder for Parvathapur Vanadium, Titanium and Aluminous Laterite block of Sanga Reddy, Telangana, subsequent to the Critical and Strategic mineral blocks e-auction held on June 11 by the Union Ministry of Mines,” the company said in a filing on Friday (June 12, 2026).
The announcement comes close on the heels of NLC signing an MoU with CSIR-Central Electrochemical Research Institute (CSIR-CECRI), Karaikudi, to foster collaboration in the field of critical and strategic minerals beneficiation and extraction technologies. Under the MoU, detailed studies will be undertaken on overburden materials and tailings generated from NLC’s Neyveli mines to assess the potential for extraction and recovery of rare earth elements (REEs) and other trace elements.
In a release on June 11, on the MoU, NLC had said the collaboration will also explore similar opportunities across other mining and exploration projects of the company, with the objective of developing sustainable and economically viable technologies for resource recovery from secondary sources.
Published - June 13, 2026 09:42 am IST
Telangana / India / business (general) / mining
Source: The Hindu - India News
