Vedanta Limited has scheduled an auction for 12,000 t of lumps (10-40 mm, Fe 52.5%) and 8,000 t of lumps (6-20 mm, Fe 52.5-53%) from its A. Narrain Mines, Karnataka. The auction will be held on 4 Sep’24. The floor price for the auction is yet to be declared, which will be on an ex-mines/ex-lot basis and exclusive of royalty, DMF, and NMET.
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