Vedanta conducted an auction for sale of 16,000 t of iron ore lumps (10-40mm, Fe61%) from its A. Narrain mines in Karnataka’s Chitradurga district on 10 Mar’23. According to sources, the entire quantity was booked at INR 4,360-4,770/t against the floor price of INR 4,360/t. Prices exclude royalty, DMF, and NMET.
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