Tag: Bacheli mines iron ore sale

India: NMDC Chhattisgarh iron ore auction fetches premiums of up to 20%

Sep 19, 2025

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by

Adarsh Sahu

in Fines/Lumps

NMDC Chhattisgarh auctioned 70,200-t iron ore from Bacheli on 18 Sep’25. The entire 17,200-t DR CLO (Fe 67%) fetched 13% premium (base INR 6,910/t), while 4,000-t sized lumps (10-20 mm, Fe 65.5%) secured 20% premium (base INR 6,300/t). Meanwhile, 8,000-t fines (Fe 64%) were sold at the base price INR 5,290/t, and 6,000-t ROM remained…