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

Vedanta has scheduled an auction for 8,000 t of lumps (10-40 mm, Fe 51.5%) and another 8,000 t of lumps (6-20 mm, Fe 52%) from its A. Narrain Mines, Karnataka. The auction will be held on 4 Dec’24. In its previous auction on 27 Nov, 8,000 t of lumps (10-40 mm, Fe 53%) were booked at the base price of INR 2,500/t, while 12,000 t (6-20 mm, Fe 52%) was booked at INR 2,450/t.


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