India: NMDC to auction over 40,000 t of iron ore from Karnataka

NMDC will auction 48,000 t of iron ore from its Donimalai mines, Karnataka, on 6 May. The total quantity comprises 16,000 t of Doni lumps (10-40 mm, Fe 58%) and 32,000 t of Doni fines (-10 mm, Fe 58%). Prices are yet to be announced and will be on ex-loading plant basis, inclusive of royalty, DMF, and NMET.


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