NMDC has released a notification for an auction of 144,000 t of iron ore on 15 Apr’24 from its Kumaraswamy mines, Karnataka. Out of the total quantity, 48,000 t are lumps (10-40 mm, Fe 61.77%) and 96,000 t fines (Fe 59.90-60.96%). The floor prices are yet to be declared by the company, which will be on FOR, ex- stockpile/mines basis and inclusive of royalty, DMF and NMET.
