NMDC has released a notification for an auction of 20,000 t of Baila sized lumps (10-20 mm, Fe 65.5%) from its Bacheli Mines located in Chhattisgarh. The auction will be held on 6 Feb’23. The floor price which is yet to be declared by the company, will be on FOT, ex-Stockpile/mines basis and inclusive of royalty, DMF and NMET.
