India: KSMCL to auction over 170,000 t of iron ore from Karnataka

KSMCL has scheduled an auction for 172,000 t of iron ore from its Subbrayanahalli iron ore mines in Bellary, Karnataka, on 6 Mar’25. The total quantity comprises 52,000-t lumps (10-40 mm, Fe 62.27%) and 120,000-t fines (Fe 62.11-63.83%). Floor prices are yet to be declared by the company, which will be on ex-mines basis and exclusive of royalty, DMF, and NMET.


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