MSPL hopes to offer Iron ore through E-auction by June end

MSPL's B grade Vyasanakere Iron Ore Mines (VIOM) located in Bellary-Hospet region has produced about 75,000 tons of Iron ore (lumps and fines) after it resumed mining operations on 17th of May.

Its Fe 64 grade raw material is expected to be offered through e-auction in Karnataka, towards the end of June.

Firstly, an inspection related to grade, quantity & lot size of the material, stocked by MSPL, will be conducted by the Deputy Director of Mines, Hospet.

Post such inspection, the Deputy Director of Mines, Bangalore will also inspect the material, after which MSTC would finally take forward the e-auction process to offer the ore.


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