Vedanta Goa subsidiary sells 1.6 MT iron ore in January-March period

Metals and mining group Vedanta on Monday said that its Goan iron ore arm reported sales of 1.6 million tonnes (mt) during January-March quarter of the last fiscal. The firm also clocked a production of 1.9 mt during the reported quarter of the last fiscal, even as the production was impacted due to delay in transportation rate negotiations with the truckers, it said in a regulatory filing.

The total sale of 1.6 mt included 0.8 mt of traded ore purchased from the e-auctions. In Karnataka, production was 0.9 million tonnes and sales were 1 mt during the quarter, it added.