Ferro Alloys and Minerals Division (FAMD) of TATA Steel Ltd, invited bids to sell 10,000 MT Manganese ore of FAP-JODA mines.
The company intends to sell the material in lot size of 2,500 MT +/- 10% through forward auction on ‘as is where is’ basis. Company will dispatch the material only through rake loading. Individual bidder are asked to bid for full rake, bidding for partial rake are not allowed.
The auction is scheduled on 4 Jan’17 at 11:00 hrs (IST). Interested parties can inspect the material any day before the date of auction between 10:00 hrs to 23:00 hrs.
Specification
Manganese: 36 to 38%
Size: 0 to 10 mm
Total quantity: 10,000 MT
Lot quantity: 2,500 MT +/- 10%
Important Terms and Conditions
1. The offer validity is of 60 days from the date of auction.
2. Bidders are requested to inspect the material before submitting the bids.
3. Lifting against each sales order (SO) has to completed within 30 days from the date of SO issued and within the validity of the contract period, whichever is earlier.
4. Bidder should have mineral license for purchasing, transporting, storing and consumption as per Orissa Mineral Rules 2007.
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