NMDC’s Kumarswamy Iron Ore E-Auction on 6th November’13

Iron ore e-auction in Karnataka for NMDC`s Kumarswamy mines is going to be conducted by MSTC`s monitoring committee on 6^th November 2013.

The total quantity of Iron ore offered for sale is 264,000 MT.

E-Auction will commence at 15:00 HRS IST and conclude by 17:00 HRS IST.

Inspection of material will take place between 31.10.13 to 05.11.13.

Iron ore offered for sale:

Iron ore Lumps; 200,000 MT

Iron ore fines; 64,000 MT

Royalty 10%, VAT 5.5% (on auction price and royalty) FDT 12% are applicable