Orissa Minerals Development Company Limited (OMDC) conducted an auction for 7,970 t of iron ore fines (Fe 59.40-59.54%) from its Bhadrashai iron and manganese ore mines in Odisha on 17 Jun’24. According to sources, the entire quantity was booked at the base price of INR 2,400/t. Price is on ex mines (FOT) basis and exclusive of royalty, DMF and NMET.
