India: MEPL to auction nearly 600,000-t iron ore fines from Karnataka

Minerals Enterprises Private Limited (MEPL) has scheduled an auction for 589,247 t of iron ore fines (Fe 49.39-54.75%) from Bengaluru, Karnataka, on 4 Dec’24. The floor price has been set at INR 1,970/t, which is on “as is where is and no complaint” basis and exclusive of royalty, DMF, and NMET.


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