Vedanta Limited has been officially declared the successful bidder for the Genjana Nickel, Chromium and PGE Block under Critical Mineral Auctions Tranche III by the Ministry of Mines on December 10, 2025.

Official Declaration Details

The mining giant informed stock exchanges on December 11, 2025, about receiving the successful bidder declaration letter from the Ministry of Mines. This follows the company's earlier stock exchange intimation regarding their participation in the bidding process for this strategic mineral block.

Strategic Mineral Portfolio

The Genjana block contains valuable deposits of three critical mineral categories:

1. Nickel: Increasingly important for battery manufacturing and stainless steel production
2. Chromium: Essential for steel alloy production
3. Platinum Group Elements (PGE): Crucial for automotive catalysts and various industrial processes

Critical Minerals Expansion

According to the company's regulatory filing, this successful acquisition will further strengthen Vedanta's critical minerals portfolio. The addition of nickel and PGE deposits aligns with growing global demand for these materials, particularly in the electric vehicle and renewable energy sectors.

Market Implications

The official declaration of Vedanta as the successful bidder demonstrates the company's commitment to expanding its mineral resource base through government auction processes. Access to these diverse mineral deposits provides multiple revenue streams and exposure to different market segments within the critical minerals industry, positioning the company to benefit from the expanding battery metals and specialty materials markets.

Vedanta Limited , a prominent player in the Indian mining and metals sector, has received an Environmental, Social, and Governance (ESG) rating of 57 for the fiscal year 2024-25. This rating was independently assessed and provided by NSE Sustainability Ratings and Analytics Limited, a subsidiary of NSE Indices Limited and a SEBI-registered ESG Rating Provider (ERP).

Official Disclosure and Timeline

Vedanta Limited formally disclosed this ESG rating through an official communication to stock exchanges. The company received the ESG Rating Rationale Report via email from NSE on December 09, 2025, at 03:15 PM IST. The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ESG Rating Assessment

The ESG rating for Vedanta Limited was determined as part of NSE Sustainability's comprehensive evaluation of 500 listed companies in India. The company has clarified that this assessment was conducted without any direct engagement from Vedanta, based solely on publicly available information disclosed by the company. NSE Sustainability developed the report independently, and the methodology employed for these ratings is available on NSE's website.

Financial Performance Context

To provide a broader perspective on Vedanta Limited's position, the company's recent financial metrics demonstrate strong performance across key areas:

Vedanta Limited has shown resilience in its financial position, with a notable increase in total assets and a significant boost in total equity. The company has also managed to reduce its current liabilities, which reflects positive short-term financial health.

Investment Strategy and Growth

The company's investment approach demonstrates robust growth momentum:

This growth in investments, coupled with substantial increase in Capital Work in Progress, indicates that Vedanta is actively pursuing expansion and modernization initiatives across its operations.