India’s largest iron ore miner, National Mineral Development Corporation (NMDC), has scheduled two iron ore auctions. The first auction is for 222,600 t of Fe 64%-67% grade material from the company’s Bacheli mines, while the second auction will see 75,600 t of Fe 64%-65.5% grade ore from the Kirandul mines in Chhattisgarh going under the hammer. Both the auctions are scheduled for 27 Oct’21.
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