India: OMC to conduct 1.62 mn t iron ore auction on 15 Jan

State PSU miner Odisha Mining Corporation (OMC) has scheduled an iron ore auction on 15 Jan’22 for around 737,000 t of lump ore and 885,000 t of fines. The base price for the auction is yet to be disclosed. With 13.3 mn t of iron ore production in FY’21, OMC emerged as the leading merchant miner in Odisha in the last fiscal.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *