India: NMDC to auction 8,000 t of iron ore from Chhattisgarh

NMDC has scheduled an auction for 8,000 t of Baila lumps (10-20 mm, Fe 65.5%) from its Bacheli mines in Chhattisgarh. The auction will be held on 8 Oct’24. The floor price for the auction is yet to be declared, which will be on FOT ex-stockpile/mines basis and inclusive of royalty, DMF and NMET.


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