India: Over 550,000 t of iron ore to be auctioned from Karnataka

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Vedanta will auction 16,000 t of iron ore lumps (Fe6-40mm, 58.5%) on 18 Mar’23 at a base price of INR 3,879-3,968/t.
NMDC will auction 508,000 t of iron ore (fines and lumps, Fe57.42-65.63%) from Kumaraswamy mines on 18 Mar’23.
VESCO will auction 32,000 t of iron ore lumps (Fe62.20-62.90%) on 20 Mar’23 at a base price of INR 4,290-4,450/t.
All prices exclude royalty, DMF and NMET charges.

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