From its Donimalai mines, NMDC will offer a total of 504,000 MT of Iron ore lumps and fines, for the 3rd advance e-auction to be held on May 7 (tuesday).
In comparison to the 2nd advance e-auction, where 224,000 MT iron ore was offered (sold 95% of total material) on April 9, the quantity to be offered this time, is more than double.
And, also higher than the 2nd advance e-auction of 496,000 MT material (sold 40% of total material).
Quantity offered: Fines 312,000 MT and lumps 192,000 MT
1st week May 10-16
Lumps 52,000 MT Fe% 62, Moisture 4-6%, Undersize Upto 15%
Fines 60,000 MT Fe% 60.5, Moisture 6-8%
2nd week May 17-23
Lumps 40,000 MT Fe% 62, Moisture 4-6%, Undersize Upto 15%
Fines 72,000 MT Fe% 60.5, Moisture 6-8%
3rd week May 24-30
Lumps 56,000 MT Fe% 62, Moisture 4-6%, Undersize Upto 15%
Fines 84,000 MT Fe% 61.5, Moisture 6-8%
4th week May 31-June 6
Lumps 44,000 MT Fe% 62, Moisture 4-6%, Undersize Upto 15%
Fines 96,000 MT Fe% 60.5, Moisture 6-8%.
Inspection of the material May 3 to 6.
NMDC Iron ore e-auction (Karnataka) on May 6
On May 6 (Monday), NMDC is to offer Iron ore (lumps and fines) through e-auctions, in the state of Karnataka, the total quantity of which stands at 172,000 MT.
Details of Iron ore to be offered:
From Donimalai mines:
Iron ore lumps 40,000 MT
From Kumarswamy mines:
Iron ore calibrated lumps 80,000 MT
Iron ore fines 48,000 MT
Iron ore low grade fines 4,000 MT
Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.
Inspection of the material May 3 to 6.
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