India: NMDC to auction over 100,000 t of iron ore from Chhattisgarh

NMDC has scheduled an auction for 108,600 t of iron ore from its Bacheli mines, Chhattisgarh, on 22 Apr’25. The total quantity comprises 14,000 t of Baila-sized lumps (10-20 mm, Fe 65.5%), 25,800 t of DRCLO (10-40 mm, Fe 67%), and 68,800 t of Baila fines (Fe 64%). Prices are yet to be announced and will be on FOR, ex-stockpile/mines basis, including royalty, DMF, and NMET.