India: NMDC to auction over 170,000 t of iron ore from Chhattisgarh

NMDC will auction 172,000 t of iron ore from Chhattisgarh on 3 Oct’24.

• Kirandul mines: 43,000 t of ROM (10-150 mm, Fe 65.5%)
• Bacheli mines: 21,500 t of DRCLO (10-40 mm, Fe 67%) and 107,500 t of fines (Fe 64%)

Prices are yet to be declared, which will be on FOR, ex-stockpile/mines basis, including royalty, DMF, and NMET.