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

The Sandur Manganese and Iron Ores Ltd (SMIORE) has scheduled an auction for sale of 52,000 t of iron ore lumps (Fe58.1-59.9%) on 18 Jan’23 from Karnataka’s Bellary district. The floor price for the auction is set at INR 3,440-4,320/t. Prices will be inclusive of royalty, DMF and NMET charges.


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