India: SKMEPL to auction over 40,000 t of iron ore from Karnataka

Sri Kumaraswamy Mineral Exports Pvt Ltd (SKMEPL) has scheduled an auction for the sale of around 8,000 t of fines (Fe54%) and 36,000 t of lumps (10-40 mm, Fe59.5-64.5%) from Ramanadurga mines in Bellary, Karnataka on 3 Jan’23. The floor price for fines has been set at INR 2,003/t while that for lumps is at INR 3,600-5,700/t. Prices will be inclusive of royalty, DMF and NMET charges.


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