India: NMDC to auction around 200,000 t of iron ore from Karnataka

NMDC will auction about 195,000 t of iron ore from Karnataka.

• NMDC Kumaraswamy: 51,000-t lumps (10-40 mm, Fe 61.99-62.14%) and 96,000-t fines (Fe 59.28-63.54%) on 17 Sep’25.
• NMDC Donimalai: 28,000-t lumps (10-40 mm, Fe 54%) and 20,000-t fines (Fe 56%) on 18 Sep’25.

Floor prices are yet to be declared and include royalty, DMF, and NMEDT.