The Supreme Court today asked the National Mineral Development Corporation (NMDC), the associations representing various private industries related to mining and iron ore and the Karnataka government to draft a scheme for the e-auction of iron ore. They will also evolve a pricing mechanism.

The court did not pass any order granting relief to the mining firms but promised to do so on August 17, after examining the report of the Central Empowered Committee. The committee submitted its report to the bench headed by Justice Aftab Alam. Since the three judges on the bench wanted to read the report, they adjourned the hearing till next Friday.