India: OMC to auction 0.78 mn t iron ore lumps and 0.94 mn t fines

State-owned miner Odisha Mining Corporation (OMC) has scheduled iron ore lumps and fines e-auction on 1 Oct’21. About 781,000 t of iron ore lumps and 942,000 t fines are put up for auction. The base price of material is yet to be disclosed. In the last auction held on 31 Aug’21, the miner fetched bids for only 238,000 t of iron ore lumps out of 765,000 t put up for auction and for 20,000 t of iron ore fines out of 902,000 t.


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