NMDC has released a notification for an auction of 10,000 t of iron ore lumps (10-20 mm, Fe 65.5%) from its Bacheli mines located in Chhattisgarh. The auction will be held on 19 Apr’24. The floor price is yet to be declared, which will be on FOT, ex-stockpile/mines basis and inclusive of royalty, DMF and NMET.
