Vedanta Limited has scheduled an auction for 20,000 t of iron ore lumps (10-40 mm, Fe 54%) from its A. Narrain Mines, Karnataka, on 10 Sep’24. In its previous auction on 4 Sep’24, 4,000 t of lumps (10-40 mm, Fe 52.5%) were booked at the base price of INR 3,050/t, and 4,000 t of lumps (6-20 mm, Fe 52.5%) were booked at the base price of INR 2,900/t. Prices are on ex-mines/ex-lot basis and exclusive of royalty, DMF and NMET..
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