India: NMDC to auction over 160,000 t of iron ore from Karnataka

NMDC has scheduled an auction for 168,000 t of iron ore from its Kumaraswamy mines, Karnataka, on 11 Jun’25. The offered quantity comprises 48,000 t of lumps (10-40 mm, Fe 63.67%) and 120,000 t of fines (Fe 58.01-62.32%). The floor prices are yet to be declared and will be on ex-mines basis, inclusive of royalty, DMF, and NMET.


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