Tag: Karnataka mining updates

India: Karnataka to auction around 270,000 t of iron ore

Dec 22, 2025

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by

Adarsh Sahu

in Fines/Lumps

Karnataka miners set to auction around 267,996 t iron ore. KSMCL: 72,000-t lumps (10-40 mm, Fe 60.38-63.03%) and 183,996-t fines (Fe 60.28-61.53%) on 31 Dec’25. Vedanta: 12,000-t lumps (6-20 mm, Fe 47.75-55.5%) on 23 Dec’25. Floor prices are yet to be declared and will be exclusive of royalty, DMF and NMEDT charges.