India: NMDC to auction over 170,000 t of iron ore from Karnataka

NMDC will auction 172,000 t of iron ore from Karnataka.

• NMDC Donimalai: 12,000 t of lumps (10-40 mm, Fe 56%) and 24,000 t of fines (Fe 56%) on 20 May.
• NMDC Kumaraswamy: 48,000 t of lumps (10-40 mm, Fe 60.61%) and 88,000 t of fines (Fe 54.92-54.95%) on 21 May.

Price includes royalty, DMF, and NMET.