India: OMC raises base prices for upcoming chrome ore auction

Odisha Mining Corporation (OMC) will auction 84,500 t of chrome ore on 19 Feb’25, with the offered quantity rising by 7,600 t m-o-m. Additionally, 6,000 t will be offered from the Bangur mines. Base prices of most grades increased by 4% (INR 709-878/t), while prices of material from COBP, JK Road, dropped 12% (INR 2,463-2,724/t) from the previous auction.


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