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August 22 E-Auction Gets 13 Bidders for Iron Ore - Mr Apte

Mining News - Published on Thu, 22 Aug 2019

Image Source: Thermo Fisher
TOI reported that 13 companies have approached the directorate of mines and geology to participate in the e-auctioning of 5.3 million tonnes of iron ore lying at jetties and plots on August 22. Director of mines Mr Ashutosh Apte said the eligible bidders are Sesa Sterlite Ltd, Bagadiya Brothers Pvt Ltd, VM Salgaocar and Bro Pvt Ltd, Agrawal Minerals (Goa) Pvt Ltd, JSW steel limited, Kalinga Allied Industries, Blueglobe Exports Pvt Ltd, Faldessai Mines and Minerals International Pvt Ltd, Timblo Enterprises, A S Export and Imports, Dinar Tarcar Resources (India) Pvt Ltd and Seabird Marine Services.

Mr Apte said the prospective bidders have approached the department for permission to inspect and collect ore samples. As per the e-auction procedure, the registered bidders will be permitted to lift a maximum 12 samples of not more than 100g each as per the location and choice of the registered bidder. Inspection/collection of samples of ore for at least a period of eight days will be allowed for those participating in the bid, and the correctness of the grade will be the responsibility of the bidder.

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Posted By : Sanju Moirangthem on Thu, 22 Aug 2019
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