India: OMC to auction 0.7 mn t of iron ore lumps on 31 Aug

State-owned miner Odisha Mining Corporation (OMC) has scheduled an iron ore lumps e-auction on 31 Aug’21. The total material put to auction is 701,000 t but the base price is yet to be disclosed. At the last iron ore lump e-auction on 31 Jul’21, the miner received moderate participation, with 507,000 t of iron ore, or 74% of 687,000 t of material on offer, getting booked.


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