Jharkhand iron ore auction postponed with state-owned corporation in the lead

India: IDCOL floats over 50,000 t of iron ore sale tender

Industrial Development Corporation of Odisha Ltd (IDCOL) has issued a tender notice for sale of around 31,485 t of iron ore fines (Fe58-60%) and 21,354 t of iron ore lumps (5-18mm, Fe62-65%) from its Roida ‘C’ mines in Odisha’s Keonjhar district on 30 Dec’22. The floor prices for fines and lumps are set at INR 2,500/t and INR 6,950/t. Prices are inclusive of royalty, DMF and NMET charges.


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