India: 140,000 t of iron ore to be auctioned from Karnataka on 11 Jan’23

  • Vedanta will conduct an auction for 20,000 t of iron ore lumps (Fe58.5%) from its A.Narrain mines located in Chitradurga district in Karnataka. The floor price is at INR 3,627/t (exclusive of Royalty, DMF, NMET).
  • SKMEPL will also auction 120,000 t of iron ore (Fe54-65.5%) from its Ramanadurga mines in Bellary. The floor price is at INR 2,050-5,500/t (inclusive of Royalty, DMF, NMET).

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *