Tag: NMET royalty

India: NMDC’s iron ore auctions from Chhattisgarh fetch decent premiums

Oct 31, 2025

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by

Adarsh Sahu

in Fines/Lumps

NMDC Chhattisgarh conducted an auction for 75,900 t of iron ore from Bacheli on 30 Oct’25. 12,900 t of DR CLO (Fe 67%) fetched 18% premium (base INR 6,250/t), while 8,000 t of sized lumps (10-20 mm, Fe 65.5%) secured 13.5% premium (base INR 5,700/t). In contrast, 21,500 t of fines (Fe 64%) were sold…