India: NMDC to auction over 240,000 t of iron ore from Chhattisgarh

NMDC will auction 246,500 t of iron ore from Chhattisgarh on 14 Oct’24.

  • Kirandul mines: 43,000 t of ROM (10-150 mm, Fe 65.5%).
  • Bacheli mines: 21,500 t of DRCLO (10-40 mm, Fe 67%), 172,000 t of fines (Fe 64%), and 10,000 t of baila-sized lumps (10-20 mm, Fe 65.5%).

Prices are yet to be declared, which will be on FOR ex-stockpile/mines basis, including royalty, DMF, and NMET.


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