OMDC conducted an auction for 8,058 t of iron ore CLO (10-40 mm, Fe 58.26-60.52%) and 12,386 t fines (Fe 51.44-56.03%) from its Bagiaburu mines in Odisha on 21 Jun’24. The entire quantity of CLO was booked at INR 1,700-2,120/t against base price of INR 1,700-2,100/t and 8,389 t of fines (Fe 56%) were sold at base price of INR 700/t ex-mines (exclusive of royalty, DMF and NMET).
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