India: NMDC to auction 10,000 t of ROM iron ore from Chhattisgarh

NMDC has scheduled an auction for 10,000 t of Baila ROM iron ore (10-150 mm, Fe 65.5%) from its Bacheli mines in Chhattisgarh. The auction will be held on 17 Sep’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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