Tag: iron ore floor prices

India: NMDC to auction over 170,000 t of iron ore from Karnataka

Apr 26, 2025

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by

Adarsh Sahu

in Fines/Lumps

NMDC Donimalai has scheduled an auction for 176,000 t of iron ore from its Kumaraswamy mines, Karnataka, on 30 Apr’25. The quantity comprises 96,000 t of lumps (10-40 mm, Fe 63.40%) and 80,000 t of fines (Fe 56.03-60.46%). Floor prices are yet to be declared and will be on ex-mines basis, inclusive of royalty, DMF,…