Tag: 000 t of manganese ore sold at SMIORE’s auction from Karnataka
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India: Weak participation in SMIORE’s manganese ore auction from Karnataka
Sandur Manganese & Iron Ores Ltd (SMIORE) had conducted an auction for at around 59,472 t of manganese ore (Mn: 18-34%, size: -10 to 100mm) on 12 April 2024. According to sources, around 19,152 t (Mn: 20-35%) was booked at INR 3,000-10,400/t (close to base price), while around 40,320 t remained unsold, as per data…