India: OMC to conduct 83,000 t iron ore auction on 1 Feb

State PSU miner Odisha Mining Corporation (OMC) has scheduled an iron ore auction for 1 Feb’22 for around 23,000 t of lump ore and 60,000 t of fines. The base price for the auction is yet to be disclosed. The miner raised production sharply by 65% y-o-y to 20.24 mnt from 12.25 mnt in 2020.


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