NMDC has scheduled two iron ore auctions from Karnataka on 29 Oct’22. The first auction is for 160,000 t of lumps (Fe61%, indicative) from its Donimalai mines while the second auction is for 445,000 t of fines and lumps (Fe57.62-64.68%, indicative) from Kumaraswamy mines. The floor price which will be excluding of royalty, DMF and NMET charges is yet to be declared.
Leave a Reply