MSTC,Monitoring committee is conducting  Iron ore e-auction on 5th of July at Karnataka

MSTC, Monitoring committee is going to conduct an e-auction
for various mines & stock yards at Karnataka on 5^th of July. The
total quantity offered for sale is 2,48,000MT.
The opening and closing date of auction is same as above. Opening time of
auction is 15:00 Hrs & closing time 17:00 Hrs.

Inspection of material will take place between 29.06.2013 to
04.07.2013

Details of quantity
offered:

Iron ore lumps
56,000MT

Iron ore fines
28,000MT

Low grade iron ore
fines 40,000MT

Calibrated lumps
ore 48,000MT

Royalty 10%,
VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Iron ore fines
28,000MT

Calibrated lumps
ore 48,000MT

Royalty 10%,
VAT 5.5% (on auction price and royalty) is applicable.