Tag: Vedanta iron ore auction

India: Nearly 50,000 t iron ore lump booked at Vedanta’s auction from Karnataka

Jul 16, 2022

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by

Vaibhav Dubey

in Fines/Lumps

Vedanta had scheduled an auction on 15 Jul’22 for sale of iron ore lump from its A. Narrain mines in Karnataka’s Chitradurga district. According to market sources, the entire quantity of 48,000 t of lumps (Fe59.50%) was booked at around INR 3,737/t against the base price of INR 3,257/t (excluding royalty, DMF and NMET).