The Lok Sabha has passed the Mines and Minerals (Development and Regulation) Amendment Bill 2025 to update the 1957 Act.
The Bill allows lease holders to seek state approval to add more minerals to an existing lease without extra payment for critical and strategic minerals.
Critical minerals include lithium, graphite, nickel, cobalt, gold and silver, which are vital for renewable energy and electric mobility.
The Bill expands the role of the National Mineral Exploration Trust to also support the development of mines and minerals.
The limit on the sale of minerals from captive mines has been removed, allowing full commercial use after meeting end-use needs.
A new authority will be set up to register and regulate mineral exchanges, ensuring greater transparency in the sector.