Tag: SMIORE iron ore auction

India: SMIORE to auction 70,000 t of iron ore from Karnataka

Feb 5, 2024

—

by

Nidhi Awasthi

in Fines/Lumps

Sandur Manganese and Iron Ores Ltd (SMIORE) has released an auction notification for 70,000 t of iron ore lumps (5-40mm, Fe 55-58.90%) from its Sandur mines, Karnataka on 7 February. The floor prices for the auction have been set at INR 4,330-5,290/t, which include royalty, DMF and NMET.