28th May 2025: Odisha has marked a significant achievement in the field of mineral development with the successful auction of the Salepalli graphite mine, located in Balangir district. This development comes as part of the fifth phase of critical mineral auctions initiated by the Government of India, where 10 key mineral blocks were put up for bidding across the country. Among them, Odisha’s graphite block was the only one from the state, highlighting its strategic value.
The mining rights for the Salepalli block, spread over 1,223 hectares near Patnagarh, have been awarded to Vinmir Resources Pvt. Ltd., a Tamil Nadu-based company. As part of the process, the company will now proceed to obtain clearances related to forest, wildlife, and environment, along with approval of the mining plan before commencing operations.
Graphite, a mineral recognized for its strategic importance, plays a critical role in the clean energy and technology sectors. It is a key component in lithium-ion batteries used in electric vehicles (EVs), as well as in energy storage systems. Its utility also extends to other industrial applications including steel manufacturing, lubricants, refractories, brake systems, and pencil production.
The site was initially surveyed in December 2021 by geologists from Mineral Exploration and Consultancy Limited (MECL), who confirmed the presence of graphite-rich deposits. Following the survey, it was recommended for further detailed exploration and beneficiation under G2 level studies.
According to reports by the Geological Survey of India (GSI), Odisha hosts significant graphite reserves beyond Salepalli, with deposits also found in districts like Kandhamal, Dhenkanal, and Nayagarh. The GSI has identified the presence of other critical minerals such as nickel and chromium in the state, underscoring Odisha’s resource potential.
This successful auction strengthens Odisha’s position in India’s mission to secure critical minerals needed for its growing clean energy sector. It also represents a step toward economic development and self-reliance in mineral resources vital for the future.