India: SMIORE to auction over 125,000 t of iron ore from Karnataka

Sandur Manganese and Iron Ores (SMIORE) has scheduled an auction for 126,000 t of iron ore from Bellary, Karnataka, on 4 Apr’25. The total offered quantity comprises 118,000 t of lumps (5-40mm, Fe 53.60-59.40%) and 8,000 t of fines (Fe 58.5-59.8%). Floor prices are yet to be announced, which will be on ex-mines basis and inclusive of royalty, DMF, and NMET.


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