India: NMDC to re-auction nearly 300,000 t of iron ore from Chhattisgarh

State-owned miner National Mineral Development Corporation (NMDC) has rescheduled two iron ore auctions. The first auction is for 222,600 t of Fe 64%-67% grade ore from the company’s Bacheli mines, while the second is for 75,600 t of Fe 64%-65.5% grade material from the Kirandul mines – both in Chhattisgarh. The auctions are scheduled for 16 Dec’21. NMDC’s previous auction held on 29 Nov failed to elicit any response from buyers.