Vedanta scheduled an auction on 7 July, 2022 for the sale of 140,000 t of iron ore from its A. Narrain mines in Karnataka’s Chitradurga district. According to market sources, the entire quantity of 40,000 t of lumps (Fe 58-60%) was booked at INR 3,834/t against the base price of INR 3,174/t (excluding royalty, DMF and NMET) while 100,000 t of fines remained unsold.
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