Tag: Iron ore auction results

Around 50,000 t of iron ore sold in NMDC’s auction from Karnataka

Aug 6, 2025

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by

Adarsh Sahu

in Fines/Lumps

NMDC conducted an auction for 48,000 t of iron ore from its Donimalai mines in Karnataka on 5 Aug’25. Around 32,000 t lumps (10-40 mm, Fe 55%) was booked at INR 3,358/t (INR 10/t premium) and 16,000 fines (Fe 56%) at the base price of INR 2,989/t. Prices include royalty, DMF and NMET charges.