Orissa Minerals Development Company Limited (OMDC) has scheduled an auction for 40,000 t of iron ore fines (Fe 58-60%), 3,997 t of iron ore screened fines (Fe 51.44%) and 2,007 t of CLO (Fe 60.80-62.34%) from its Bhadrasahi Iron and Mn ore mines and Bagiaburu mines, respectively from Odisha. The auction will be held on 25 Jan’24. The floor price which is yet to be declared by the company will be on FOT basis and exclusive of royalty, DMF and NMET.
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