Iron ore produced in Karnat'ka will be sold through E-auction for next two years

There is something to cheer for iron miners based in Karnataka, after a ban of 1 year there is some sigh of relief when miners can soon start operating their mines.

“Indian supreme court to permit 15-16 mines which come under A and B category, though they will be allowed to produce 30% of their allotted capacity.Also material will be sold through MSTC in e-auction.Though base price can be fixed by miners (not confirmed).” said a mine owner based in Karnataka