NINL has scheduled an e-auction for 4,000 t of iron ore lump (Fe: 62-65%, 10-40 mm) from its captive mine in Odisha’s Koira mining circle. The auction is scheduled for 12 Nov’21 and the base price has been set at INR 7,800/t, including royalty. NINL has been granted permission to sell 1 mn t of iron ore in the merchant market over a period of two years.
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