Tag: vedanta auction
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India: 12,000 t of iron ore lumps booked at Vedanta’s Karnataka auction
Vedanta scheduled an auction today for sale of iron ore lumps from its A. Narrain mines in Karnataka’s Chitradurga district. According to market sources, the entire quantity of 12,000 t of lumps (Fe59.5%) was booked at a price of INR 4,621/t (exclusive of royalty, DMF and NMET), higher by INR 532/t compared to the floor…