NMDC Donimalai & Kumarswamy mines e-auction for Iron ore on 20th July

NMDC Donimalai & Kumarswamy mines at Karnataka have offered Iron ore through e-auction on 20th of July.  The Total quantity of Iron ore offered for sale is 3,48,000 MT .

The opening and closing date the auction is same i.e. 20.7.2013

Auction will start at 11:00 IST & Closed at 13:00 IST

Inspection of material will take place between 16.07.2013 to 19.07.2013

Details of quantity offered for sale:

Iron ore lumps 80,000MT

Iron ore fines 40,000 MT

Calibrated lumps ore(CLO) 1,00,000 MT

Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Details of quantity offered for sale:

Calibrated lumps ore(CLO) 1,00,000 MT

Iron ore fines 28,000 MT

Royalty 10%, VAT 5.5% (on auction price and royalty)