India: NMDC to auction over 350,000 t of iron ore from Karnataka

NMDC is set to auction 354,000 t of iron ore from Karnataka this week.

• NMDC Donimalai: 12,000 t lumps (10-40 mm, Fe 59%) and 36,000 t fines (Fe 59%) on 9 Oct'24.
• NMDC Kumaraswamy: 134,000 t lumps (10-40 mm, Fe 57.96-64.03%) and 172,000 t fines (Fe 54.89-62.62%) on 10 Oct'24.

Prices are yet to be declared, which will include royalty, DMF, and NMET.