Iron ore e-auction at Karnataka on 14th

Auction 1

The Iron ore mines located in the states of Karnataka are offering 536,000 MT of Iron ore Through e-auction. Opening and closing date is same i.e. 14-6-2013,            Opening time 11:00 Hrs. Closing time 13:00 Hrs.

Inspection of material will be done between 8-6-2013 to 13-6-2013.

 Details of iron ore offered:-

 Iron ore lumps 8000 MT

 ROM  428,000 MT

 Iron ore fines 100000 MT

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

Auction 2

On 14th June Opening time 15:00 Hrs. Closing time 17:00 Hrs. 

The total quantity of which offered is about 6,76,000 MT*.

Inspection of material will be done between 7-6-2013 to 13-6-2013

Details of Iron ore offered:-

Iron ore fines    176000 MT*

High grade fines 32000 MT

Iron ore lumps   440000 MT

High grade lumps 16000 MT

ROM  8000 MT

Calibrated lumps ore(CLO) 4000 MT 

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


*CORRECTION

 


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