Tag: Low-grade iron ore price
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India: Iron ore prices remain unchanged even as Karnataka govt moots new minerals tax
Market lacks clarity, miners withdraw offers NMDC keeps auction base prices unchanged amid uncertainty In a move that has instilled uncertainty in the mining community, the Government of Karnataka has decided to levy a tax of INR 1/t on mineral-bearing areas in auctioned leases. For iron ore-producing regions specifically, an additional tax of INR 100/t…