India: NMDC to auction nearly 200,000 t iron ore from Chhattisgarh

NMDC has scheduled two iron ore auctions from Chhattisgarh. The first auction is for 126,000 t of Fe 64%-67% (indicative) grade material from its Bacheli mines, while the second auction will see 67,200 t of Fe 64-65.5% (indicative) grade ore from the Kirandul mines going under the hammer. Both the auctions are scheduled for 24 May’22 and the material offered is DR-CLO, Baila lump, fines and ROM.


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