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JSW Steel, Kirloskar Ferrous, Minera Steel win C Category iron ore mines in Karnataka auction-2019 China(Guangzhou)Int’l Non-Ferrous Metal(Copper)Exhibition
9/7/2018  有色金属展-Copper exhibition -non-ferrous metals expo
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    Business Standard 5 iron ore mines were auctioned in Karnataka over the past three days. JSW Steel and Kirloskar Ferrous were among the winners, as was Minera Steel & Power. Names of the other two were not available. The auction started on Tuesday and continued till late evening on Thursday. The total capacity of these mines is 5.73 million tonnes per annum.

Industry sources say Mysore Minerals Ltd was bid for by JSW Steel for 95.2 per cent over the base price. Minera and Kirloskar bagged Nidhi Mining and Bharat Mines & Minerals, respectively. The base price is based on estimated reserves.

In April 2013, the Supreme Court had directed the state government to cancel 51 C-category leases, for involvement in illegal mining. And, to re-allot these to end-users through a transparent bidding mechanism. The Centre recently decided to put eight more mines on e-auction in Karnataka. These five had qualified. Each mine is to get at least three applications to qualify for auctioning. 有色金属展-铜材展-2019年广州国际有色金属工业(铜业)展览会 -2019 China(Guangzhou)Int’l Non-Ferrous MetalCopperExhibition -Non-Ferrous Metal exhibition, 2019 Non-Ferrous Metal exhibition, Non-Ferrous Metal expo, 2019 Non-Ferrous Metal expo, Copper exhibition, Copper expo, 2019 Copper exhibition, 2019 Copper expo, China Copper exhibition, China Copper expo 
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