NMDC’s 9th Advance Iron ore e-auction for Donimalai mines in the states of Karnataka will be held on 7 November 2013. The total quantity of Iron ore offered for sale in e-auction is 432,000 MT, 7% more from last advance e-auction.
MSTC`s monitoring committee is conducting the whole bidding process 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 between 01.11.13 to 06.11.13.
Total quantity of Iron ore offered for sale:
Iron ore lumps 200,000 MT, Fe 62.5, Moisture 4-6%, undersize up to 10%.
Iron ore Fines 232,000 MT, Fe 60.5, and Moisture 4-6%.
Weekly Schedule:
Week 1 (15.11.13-21.11.13)
Iron ore lumps: 52,000 MT
Iron ore Fines: 48,000 MT
Week2 (22.11.13- 28.11.13)
Iron ore lumps: 48,000 MT
Iron ore Fines: 48,000 MT
Week3 (29.11.13- 05.12.13)
Iron ore lumps: 48,000 MT
Iron ore Fines: 68,000 MT
Week4 (06.12.03- 12.12.13)
Iron ore lumps: 52,000 MT
Iron ore Fines: 68,000 MT
Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.
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