- BKG Mining conducted an auction for the sale of 52,000 t of iron ore from its Haddinapade mines, Karnataka, on 24 Jan’23. Out of this, 12,000 t of lumps (10-40mm, Fe63-63.3%) were booked at the floor price of INR 3,325-3,365/t which exclude royalty, DMF, and NMET.
- Whereas, Nadeem Minerals’ auction for 60,000 t of iron ore (Fe35-44.84%) on 24 Jan’23 failed to attract buyers.
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