India: Vedanta to auction over 45,000 t of iron ore from Karnataka

Vedanta Limited has scheduled an auction for 25,288 t of lumps (6-40 mm, Fe 52.8%) and 21,944 t of fines (Fe 52.8%) from Karnataka. The auction will be held on 29 Aug’24. The floor price for the auction is yet to be declared, which will be on ex-NMPT/ex-lot basis and inclusive of royalty, DMF, and NMET.


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