India: Vedanta to auction 20,000 t of iron ore lumps from Karnataka

Vedanta Limited has scheduled an auction for 20,000 t of iron ore lumps (6-40 mm, Fe 54%) from its A.Narrain Mines, Karnataka. The auction will be held on 7 Jun’24. The floor price for the auction is yet to be declared by the company, which will be on ex-mines/ex-lot basis and exclusive of royalty, DMF and NMET.