State-run Odisha Mining Corporation (OMC) has scheduled an auction for iron ore fines and lumps on 15 Mar’22. Around 0.8 mnt of iron ore lumps and 1.1 mnt of fines will be put up for auction from OMC’s mines. The miner has raised the base price for fines by upto INR 450 against the last auction on 16 Feb’22 and that for lumps has been increased by upto INR 1,500/t.
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