India: Goa govt to e-auction 2.5 mn t of iron ore

The Goa government has decided to e-auction 2.5 mn t of iron ore lying at jetties and ports in order to generate revenue. Hardly any bids were received at the last auctions in May as the approaching monsoons discouraged investment in ore. In Mar’20 mining companies started transporting royalty-paid ore which the Supreme Court had allowed for export in a Jan’20 judgment.


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