Iron ore e-auction on 29.06.13 in Karnataka

Iron ore's e-auction is going to be conducted at
Karnataka on behalf of monitoring committee for sale of Iron ore from various
mine & stockyards. Total quantity of Iron ore offered for sale is 4,32,000 MT.

Opening & closing date is same 29.06.2013.

Auction starts at 15:00 IST & closed at 17:00 IST.

Inspection of material will take place between 24.06.13
to 28.06.13

Details of
quantity offered:-

Iron ore fines 64,000
MT

High-grade Iron
ore fines 40,000 MT

Iron ore lumps 1,28,000
MT

High-grade Iron ore
lumps 16,000 MT

ROM 4,000 MT

Royalty 10%,
VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Iron ore lumps 1,80,000
MT

 Royalty 10%, VAT 5.5% (on auction price
and royalty),