India: Over 80,000 t of iron ore to be auctioned from Karnataka

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VESCO will conduct an auction for 44,000 t of iron ore (Fe58.25-64.8%) on 23 Jan’23 from its Ramanamalai and Dharmapuri mines in Karnataka. The floor price is INR 3,450-4,675/t.
CCPL will also auction 44,000 t of iron ore (Fe58.9-61.6%) on 27 Jan’23 from Bellary, Karnataka. The floor price is INR 3,180-4,259/t.
Prices will be inclusive of royalty, DMF, and NMET charges.

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