KIOCL Limited, a government-run pellet producer in India, is looking for a local supplier to provide 200,000 metric tons of iron ore fines. In return, the supplier will receive an equal volume of pellets for export sales. Interested parties, including mine owners and traders, must submit bids by May 17. To qualify, suppliers must commit to lifting 200,000 metric tons of iron ore pellets from KIOCL Limited for export as a third-party exporter.
Bids will be assessed based on the price difference between the pellets acquired and the iron ore fines supplied. Suppliers can bid in increments of 50,000 metric tons, with a requirement to export pellets equivalent to the iron ore fines received.
