Vedanta conducted an auction for sale of 36,000 t of iron ore lumps from its A. Narrain mines in Karnataka’s Chitradurga district on 22 Feb’23. According to sources, 28,000 t of the material (Fe56.5%) was booked at INR 4,056/t against the floor price of INR 3,647/t. Price was exclusive of royalty, DMF, and NMET charges.
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