India: NMDC to auction 600,000 t of iron ore from Karnataka

NMDC has scheduled an auction for sale of around 600,000 t of iron ore (both fines and lumps, Fe59-61%-indicative) from its Donimalai mines in Karnataka on 28 Sep’22. The floor price is yet to be declared by the company and the material will be delivered by road/rail on ex-mines/loading plant basis. Prices will exclude royalty, DMF and NMET charges.


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