Vedanta has scheduled an auction for the sale of around 40,000 t of iron ore lumps (Fe57.75-58.25%) on 4 Jan’23 from its A. Narrain mines in Karnataka’s Chitradurga district. The floor price for the auction is set at INR 3,615-3,625/t. Prices will be exclusive of royalty, DMF and NMET charges.
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