Vedanta Ltd had an auction for 16,000 t of iron ore lumps (10-40 mm, Fe 54.5%) from its A.Narrain Mines in Karnataka on 4 Mar’24. According to sources, the entire quantity got booked at the base price of INR 4,300/t*. Price is on ex-mines/plot basis and exclusive of royalty, DMF and NMET. *Correction
