India: NMDC to auction 20,000 t of iron ore from Chhattisgarh

NMDC has scheduled an iron ore auction for 20,000 t of Baila sized lumps (10-20 mm, Fe 65.5%) iron ore on 25 Jan’24 from its Bacheli mines, Chhattisgarh. The floor prices are yet to be declared by the company, which will be on FOT, ex-mines basis and inclusive of royalty, DMF and NMET.


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