NMDC to e-auction iron ore in Karnataka on March 26

On March 26, from its Donimalai and Kumarswamy mines in the state of Karnataka, NMDC is to e-auction a total of 200,000 MT of iron ore, through e-auctions.

Quantity offered:

From Donimalai mines

Iron ore lumps 52,000 MT

From Kumarswamy mines

Iron ore fines 68,000 MT

Iron ore calibrated lump 80,000 MT

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


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