From its Kumarswamy mines located in the state of Karnataka, NMDC is to offer Iron ore through e-auctions, on May 14.
The total quantity stands at 156,000 MT, which includes both lumps as well as fines.
Inspection of the material will take place from May 9 to 13.
Details of quantity to be offered:
Iron ore calibrated lump 96,000 MT
Iron ore fines 56,000 MT
Iron ore fines (low grade) 4,000 MT
Royalty 10%, VAT 5.5% (on auction price and royalty), are applicable.
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