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The Economic Times
The Economic Times
Trending Desk

Bihar hits a rare earth mineral jackpot: Cobalt found in Banka, gold in Jamui, says state minister

Bihar may soon enter India’s rare minerals race after the state government announced the discovery of several valuable mineral elements, including cobalt, pallium, titanium and glauconite. State Mines and Geology Minister Pramod Kumar said commercial mining activity could begin in the near future as the Centre prepares to auction multiple identified mineral blocks, a NBT report stated.

Speaking to reporters on Tuesday, the minister said the Union government has identified 14 blocks linked to critical and rare minerals, and their auction process is expected to begin shortly. He said the list includes palladium, titanium, glauonite, cobalt and other key minerals.

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