India: BKG to auction over 50,000 t of iron ore from Karnataka

BKG Mining Pvt Ltd. has scheduled an auction for 20,000 t of iron ore fines (Fe48%) and 32,000 t of lump ore (Fe46-63.3%) on 13 Jan’23 from its Haddinapade mines in Karnataka. The floor price for fines has been set at INR 775/t, while for lumps the base price is INR 1,100-3,365/t. Prices are exclusive of royalty, DMF and NMET.


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