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

India: IDCOL floats over 100,000 t iron ore sale tender

State-owned Industrial Development Corporation of Odisha Ltd. (IDCOL) has issued a tender notice for sale of around 21,500 t of iron ore lumps (5-18mm, Fe62-65%) and 99,635 t of iron ore fines (Fe58-60%) from its Rodia ‘C’ mines in Odisha’s Keonjhar district on 27 Oct’22. The floor price for lumps and fines are INR 6,950/t and INR 2,600/t, respectively (including royalty, DMF and NMET).


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