Vedanta Limited has scheduled an auction for 20,000 t of iron ore – 8,000 t of lumps (10-40 mm, Fe 53%) and 12,000 t of lumps (6-20 mm, Fe 52%) – from its A. Narrain Mines, Karnataka. The auction will be held on 27 Nov’24. The floor price for the auction is yet to be declared, which will be on ex-mines/ex-lot basis and exclusive of royalty, DMF, and NMET.
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