16
Aug
15:57
Vedanta beneficiates Goa ore to improve sales prices
Vedanta is working on beneficiating and blending with high Fe-content grades the 56% Fe iron ore at its Goa mine. This is in order to narrow the discount given to buyers and improve sale price/tonne, the Indian miner says.
Sales at the Goa mine fell -11% on-year in the first fiscal quarter through June (FQ1) to 1.9 million tonnes. This was due to the low-price environment and widening of discount for 56%-Fe ore versus the benchmark 62%-Fe grade. Vedanta's Go…
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