India: Nearly 180,000 t of iron ore to be auctioned from Karnataka

Around 179,550 t of iron ore will be auctioned from Karnataka.

• NMDC Donimalai: 8,000-t lumps (10-40 mm, Fe 58%) and 16,000-t fines (Fe 58%) on 23 Apr’25.
• NMDC Kumaraswamy: 48,000-t lumps (10-40mm, Fe 63.91%) and 96,000-t fines (Fe 62.18-63.97%) on 23 Apr.
• R Praveen Chandra: 11,550-t lumps (6-30mm, Fe 57.50%) on 24 Apr. Floor price for lumps has been set at INR 5,050/t.

Prices are inclusive of royalty, DMF and NMET.