India: U. Krishna Prasad to auction 12,000 t of iron ore from Karnataka

Miner U. Krishna Prasad has scheduled an auction for sale of around 8,000 t of fines (Fe61.67%) and 4,000 t of lumps (10-40, Fe61.77%) on 13 Mar’23 from its Dharmapura iron ore mines in Bellary, Karnataka. The floor price for fines and lumps has been set at INR 4,005/t and 4,765/t, respectively. Prices will be inclusive of royalty, DMF, and NMET charges.


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