NMDC’s 12th Advance Iron ore e-auction for Donimalai mines in the states of Karnataka which was going to be held on 07 Feb, 2014 is preponed to 06 Feb, 2014; remaining things are same. The total quantity of Iron ore offered for sale in e-auction is 460,000 MT.
MSTC`s monitoring committee will conduct the auction on behalf of NMDC. Auction will commence at 15.00 hrs IST and conclude by 17.00 hrs IST. The inspection of material will take place on 31 Jan to 06 Feb, 2014
Total Quantity of Iron ore offered for Sale
Iron ore lumps: 184,000 MT, Fe: 63.0%, Moisture: 4-6%, under size up to 15%
Iron ore fines: 276,000 MT, Fe: 60.5%, Moisture 6-8%
Weekly Schedule
Week 1 (15-21 Feb’14)
- Iron ore lumps: 44,000 MT
- Iron ore fines: 64,000 MT
Week 2 (22-28 Feb’14)
- Iron ore lumps: 48,000 MT
- Iron ore fines: 68,000 MT
Week3 (01-07 Mar’14)
- Iron ore lumps: 44,000 MT
- Iron ore fines: 72,000 MT
Week4 (08-14 Mar’14)
- Iron ore lumps: 48,000 MT
- Iron ore fines: 72,000 MT
Royalty 10%, VAT 5.5% (on auction price & royalty), FDT 12% are applicable.
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