India: Vedanta to auction 16,000 t of iron ore from Karnataka

Vedanta Limited has scheduled an auction for 16,000 t of iron ore -8,000 t of lumps (10-40 mm, Fe 56%) and 8,000 t of siliceous lumps (10-40 mm, Fe 50.5-52%) from its A. Narrain mines, Karnataka, on 19 Oct’24. The floor prices for the auction are yet to be declared; they will be on ex-mines/ex-lot basis and exclusive of royalty, DMF, and NMET.


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