Tag: karnatka iron ore auction

India: Iron ore auctions from Karnataka receive no response

Feb 3, 2023

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by

Ratiram Gurjar

in Fines/Lumps

BKG Mining had conducted an auction for 60,000 t of iron ore (Fe46-63.5%) at the base price of INR 975-3,625/t from its Haddinapade mines, Karnataka. The auction did not found any takers. Similarly, Nadeem Minerals’ auction for 60,000 t of iron ore (Fe35-44.84%) from Karnataka’s Donimalai mines also failed to attract buyers. The base price…