India: MSPL wins Karadikolla iron ore mine block in Karnataka

  • MSPL Limited won the Karadikolla iron ore mine auction with a 156% premium. The 133.80 Ha block has geological resource of 23.24 mnt and has Fe 62.12% ore.
  • RBSSN secured the Karriganur block at a 166.50% premium. The 179.81 Ha mine holds 23.88 mnt of geological resources and has Fe 58.51% ore. However, Official confirmation is awaited.

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