India’s APMDC prepares to float new barite tender

By IM Staff
Published: Tuesday, 17 November 2015

The contracts awarded in the last auction held in May this year are set to expire on 30 November and APMDC is currently considering the terms of a fresh tender, which is expected to offer rights to mine and sell barite on a FOB India basis for a period of 12 months.

India’s Andhra Pradesh Mining Development Corp. (APMDC) is gearing up to launch a new tender for barite (barytes) mining and exports, as the initial six month tenure of the last round of auctions draws to a close.

After fumbling an initial attempt to sell off mineral rights at the end...

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