State-run Odisha Mining Corporation (OMC) has scheduled an auction for iron ore fines and lump on 17 Jun’22. Around 1.18 mnt of iron ore lump and 1.52 mnt of fines will be put up for auction from OMC’s mines. The miner has decreased the base price for fines by up to INR 800/t and that for lump by up to INR 1,500/t as against the base prices of the last auction held on 19 May.
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