NMDC to E-auction Iron Ore from Karnataka on 26th of July 

NMDC Donimalai & Kumarswamy mines located at Karnataka is to offer 3,56,000 MT of Iron ore through  an e-auction on 26th of July, 2013. The opening and closing date the auction is same i.e. 26.7.2013

Auction will start at 11:00 IST & Closed at 13:00 IST

Inspection of material will take place between 22.07.2013 to 25.07.2013

Details of quantity offered for sale:

Iron ore lumps 40,000 MT

Iron ore fines 76,000 MT

Calibrated lumps ore (CLO) 100000 MT

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

Calibrated lumps ore(CLO)100000 MT

Iron ore fines 40,000 MT

Royalty 10%, VAT 5.5% (on auction price and royalty)