✓ MMDR Act was amended w.e.f. 17.08.2023 to introduce Explanation License(EL). ✓ EL shall be a concession granted through auction for undertaking reconnaissance and prospecting operations. ✓ The EL shall be granted for only certain deep-seated & critical minerals as specified in the seventh schedule of the Act, viz- 1. Apatite 2. Beryl and other beryllium bearing minerals 3. Cadmium bearing minerals 4. Cobalt bearing minerals 5. Copper bearing minerals 6. Diamond 7. Gold 8. Graphite 9. Indium bearing minerals 10. Lead bearing minerals 11. Lithium bearing minerals 12. Molybdenum bearing minerals 13. Niobium bearing minerals 14. Nickel bearing minerals 15. Potash 16. Platinum group of elements bearing minerals 17. Minerals of 'rare earths' group 18. Rhenium bearing minerals 19. Rock Phosphate 20. Selenium 21. Silver 22. Tantalum bearing minerals 23. Tellurium bearing minerals 24. Tin bearing minerals 25. Titanium bearing minerals and ores (ilmenite, rutile and leucoxene) 26. Tungsten bearing minerals 27. Vanadium bearing minerals 28. Zinc bearing minerals 29. Zirconium bearing minerals and ores including zircon. ✓ Max. area of an EL shall be 1000 sq. km. ✓ Max. area limit for a person to acquire EL in a state shall be 5000 sq. km. ✓ Period 5 years, extendable by 2 years. ✓ EL holder to relinquish 75% area so that only 25% remains with the holder after 3 years. ✓ A person interested may suggest an area to the State Government to auction for EL.
Thanks for sharing sir
Maybe because Beach Sand Minerals contain Monozite
Owner, Trimex Group
2moWhat’s difficult to understand is that when titanium is removed from atomic minerals list which means open for private players under auction mechanism, why is beach sand minerals still under atomic minerals list and not open for private