NEW DELHI, March 13 (Reuters) - India's northern federal
territory of Jammu and Kashmir will auction a lithium block
discovered last month, the country's mines minister said in
parliament on Monday.
"The exploitation of lithium will depend upon successful
auction of the mineral block," minister Pralhad Joshi said,
adding the timeline for an auction would be decided by Jammu and
Kashmir authorities.
The block, with estimated reserves of 5.9 million tonnes, is
the first known lithium reserve in the country.
(Reporting by Sakshi Dayal; Editing by Krishna N. Das)
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