Karnataka’s Directorate of Mines and Geology has scheduled an auction for sale of around 32,789 t of iron ore (Fe 48.59-61.43%) on 1 Jun’22 from the premises of Karwar Port and Aligadda in the state’s Karwar district. The floor price will be reduced by 10% of IBM’s declared prices of iron ore and includes royalty, DMF and NMET charges.
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