MECL has inked Tripartite Agreement with the Govt. of Rajasthan and NMET on 7th February at Jaipur for exploring the mineral blocks of Manganese, Silver, Copper and also Gold in the state. Till now, MECL has signed such Agreements with the states of Maharashtra, Odisha, Chhattisgarh, Andhra Pradesh, Madhya Pradesh and Telangana for exploring mineral blocks.
As per the Agreement, in the very first step MECL will prepare the mineral blocks of Manganese and Limestone in Banswara and Jhunjhunu districts of Rajasthan. Apart from this, exploration of Gold and Copper will be in the Udaipur district and many other metals like Silver and Iron in other regions in the state.
MECL contemplates to enter into such Agreements with other states for providing more auctionable mineral blocks in respect to states.