NMDC has scheduled an auction for 44,000 t of iron ore from its Donimalai mines in Karnataka on 24 Jun’24. Out of the total quantity, 36,000 t are iron ore fines (Fe 59%) and 8,000 t are lumps (10-40 mm, Fe 59%). 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.
