5.34 million tons of iron ore to go for e-auction tomorrow

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Panaji: The State Mines department will conduct e-auction of 5.34 million tons of ore tomorrow.

The department has identified total 230 stacks consisting of the ore for for e-auction.

The ore grade, stacked at various leases, port and other sites, varies from 38Fe content to 65Fe content.

The base price fixed for the e-auction is Rs 400 per tons of ore.

The e-auction will be conducted through metal scrap trading corporation (MSTC).

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