India: Vedanta schedules auction for over 100,000 t iron ore from Karnataka

Vedanta has scheduled an auction for sale of around 172,000 t of iron ore fines (Fe 57.50%) and lump (Fe 59.50%) on 31 May and 2 Jun’22 respectively from its A. Narrain mines in Karnataka’s Chitradurga district. The floor prices for fines and lump are INR 2,851/t and INR 4,269-4,347/t, respectively, excluding of royalty, DMF and NMET.


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