New Delhi | July 28, 2026
Central Mine Planning & Design Institute Limited (CMPDIL) has finalized a landmark exploration license agreement with the Department of Mines and Geology (DMG), Rajasthan, targeting Rare Earth Elements (REE) in the Nawatala–Devigarh block.
The deal stands out as the first exploration license executed in India under the updated critical mineral policy framework, bolstering the country’s push toward domestic resource independence.
Highlights of the Agreement
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Authorized Signatories: Executed by M.P. Meena (Director, DMG Rajasthan) on behalf of the Governor of Rajasthan, and Vikrant Gupta (HoD – Business Development, CMPDIL).
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Strategic Mineral Reserve: Focused on Rare Earth Elements essential for EV manufacturing, renewable energy systems, and high-tech electronics.
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Regulatory Milestone: Translates the exploration license awarded to CMPDIL in September 2025 into an active operational agreement under the nation’s new critical minerals regime.
