India: Over 100,000 t of iron ore to be auctioned from Karnataka on 2 Jan

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VESCO will conduct two auctions for 92,000 t of iron ore (Fe61.6-64.95%) from its Ramanamalai and Dharmapuri mines. The floor price is INR 3,250-4,550/t.
U Krishna Prasad will also auction 12,000 t of iron ore (Fe61.67-61.78%). The floor price has been set at INR 3,200-3,750/t.
Both the auctions are scheduled for 2 Jan’23 and prices will be inclusive of royalty, DMF, and NMET charges.

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