Indian trading firm MMTC seeks overseas buyers for low grade manganese ore fines

Monday, 24 December 2018 11:35:00 (GMT+3)   |   Kolkata
       

Indian government owned trading firm, MMTC Limited, the sole canalizing agency for exports of manganese ore from the country, is seeking overseas buyers for 25,000 mt of low grade iron ore fines, a company official said on Monday, December 24.

He said that exports will be conducted through competitive bidding through an e-auction process and prospective buyers will need to submit their price bids by January 10, 2019 and delivery through Vishakhapatnam port in southern Indian will be completed within February 2019.

To be eligible to put in bids, buyers will need to have a minimum annual turnover of $3 million in the previous fiscal, he added.


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