Vedanta has successfully secured the bid for the Depo graphite-vanadium mining block, marking a significant milestone in the company's mineral resource expansion strategy. The mining conglomerate achieved this acquisition after fulfilling all necessary legal requirements and regulatory conditions.

Strategic Mineral Acquisition

The Depo graphite-vanadium block represents a valuable addition to Vedanta's diverse mining portfolio. This acquisition provides the company access to two critical minerals that serve essential roles in modern industrial applications.

Regulatory Compliance Achievement

Vedanta's successful bid completion demonstrates the company's commitment to meeting stringent regulatory standards. The mining giant navigated through all required legal procedures and compliance measures to secure the mining rights for this strategic block.

Portfolio Diversification Impact

This acquisition aligns with Vedanta's broader strategy of expanding its presence in critical mineral segments. The addition of graphite and vanadium resources enhances the company's position in materials that are increasingly important for industrial and technological applications.

The successful bid for the Depo graphite-vanadium block reinforces Vedanta's capabilities in securing valuable mineral assets through proper regulatory channels, positioning the company for potential growth in the critical materials sector.

Vedanta Limited has secured a major win in the critical minerals sector by being declared the successful bidder for the Depo Graphite-Vanadium Block under Critical Mineral Auctions Tranche IV. The announcement comes as part of the Ministry of Mines, Government of India's ongoing initiative to auction critical mineral blocks to strengthen the country's mineral resource base.

Official Confirmation and Timeline

The company received official confirmation of its successful bid through a letter dated December 23, 2025, which was received on December 26, 2025, at 4:43 PM IST. The confirmation came after Vedanta fulfilled all required statutory compliances as mandated by the auction process.

Strategic Portfolio Enhancement

This successful acquisition represents a significant addition to Vedanta's critical minerals portfolio. The Depo Graphite-Vanadium Block will provide the company with access to two strategically important minerals that are essential for various industrial applications.

Graphite is a critical component in battery technology, particularly for electric vehicle batteries and energy storage systems, while vanadium is primarily used in steel production to enhance strength and durability. The combination of these two minerals in a single block makes this acquisition particularly valuable for Vedanta's diversified mining operations.

Regulatory Compliance

The announcement was made through a formal disclosure under Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. This regulatory filing demonstrates Vedanta's commitment to maintaining transparency with its stakeholders regarding material developments that could impact the company's business operations.

Market Position Strengthening

The successful bid for the Depo Graphite-Vanadium Block aligns with Vedanta's strategy to expand its presence in the critical minerals sector. As global demand for these minerals continues to grow, particularly driven by the transition to renewable energy and electric vehicles, this acquisition positions the company to capitalize on emerging market opportunities in the critical minerals space.