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

NMDC has scheduled an auction for sale of 600,000 t of iron ore (both fines and lumps of indicative Fe59-61%) from its Donimalai mines in Karnataka on 9 Mar’23. The floor price is yet to be declared by the company, and the material will be delivered ex-mines/loading plant, on by road/rail basis. Prices will exclude royalty, DMF and NMET charges.


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