Goa’s Directorate of Mines and Geology had conducted the 26th iron ore e-auction on 31 Aug’21. About half of the material, or 0.81 mn t, was booked out of the total of 1.57 mn t on offer. The base price was from INR 350/t to INR 500/t. The material consisted of low-grade fines, lumps and ROM, with Fe 58.01% being the highest grade on offer.
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