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 (6-20 mm, Fe 52%) from its A.Narrain Mines, Karnataka. The auction will be held on 13 Jun’24. The floor price for the auction is yet to be declared. In its previous auction on 7 & 8 Jun’24, 20,000 t of lumps (6-40 mm, Fe 54%) were booked at base price of INR 3,650/t, Price excludes royalty, DMF & NMET.