Iron ore e-auction on behalf of monitoring committee for various mines and stockyards in the states of Karnataka..Two auctions are scheduled on 11.07.2013.
Auction:1 Total quantity of iron ore offered for sale is 6,84,000 MT .
Auction:2 Total quantity offered for sale is 3,24,000 MT
The opening and closing date for both the auction is same 11.7.2013.
Auction:1 Inspection of material will take place on 03.07.2013 to 10.07.2013
Auction:2 Inspection of material will take place on 04.07.2013 to 10.07.2013
Details of quantity offered for sale: Auction:1
ROM 6,28,000 MT
Iron ore lumps 20,000 MT
Iron ore fines 36,000 MT
Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.
Details of quantity offered for sale:Auction:2
ROM 2,84,000 MT
Iron ore lumps 32,000 MT
Iron ore fines 8,000 MT
Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Leave a Reply