Vedanta Ltd has released a notification for an auction of 20,000 t of iron ore lumps (10-40 mm, Fe 53%) from its A. Narrain Mines located in Karnataka. The auction will be held on 5 Feb’23. The floor price for the auction is set at INR 4,250/t. Prices are on an ex-mines/ex-lot basis and exclusive of royalty, DMF and NMET.
