India: NMDC to auction 600,000 t of iron ore from Karnataka

NMDC has scheduled an auction for the sale of 400,000 t of iron ore fines (Fe59%-indicative) and 200,000 t of iron ore lumps (10-40 mm, Fe61%-Indicative) from its Donimalai complex in Karnataka on 13 Dec’22. The company has not yet announced the floor price, and the material will be delivered ex-mine on “as is, where is”. Prices will exclude royalty, DMF, and NMET charges.


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