Iron ore E-auction at Karnataka for various mines & stockyards organized by MSTC, which is the monitoring committee, will be held on 30th July'13.
Total quantity of Iron ore to be offered for sale is 4,80,000 MT. Opening and closing date of auction is same i.e. 30.07.13.
Auction starts at 11:00 IST and will be closed at 13:00 IST
Inspection of material will take place between 24.07.13 to 29.07.13
Detail of Quantity offered for sale:
Iron ore fines 1,72,000 MT
Iron ore Lumps 1,32,000 MT
ROM 32,000
Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable
Iron ore Lumps 1,44,000 MT
Royalty 10%, VAT 5.5% (on auction price and royalty), are applicable
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