India: NMDC to auction over 125,000 t of iron ore from Karnataka

NMDC is set to auction 130,000 t of iron ore and pellets from Karnataka.

• NMDC Kumaraswamy: 40,000-t lumps (10-40 mm, Fe 62.35%) and 80,000-t fines (Fe 58.46-63.47%) on 6 Nov.
• NMDC Donimalai: 10,000-t pellets (Fe: 63%, SiO2 : 3.50-4.00%, Al2O3 : 4.00-4.50%) on 4 Nov.

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