Auction Notice

India: OMC’s National E-auction for Chrome Ore & Concentrate

Odisha Mining Corporation (OMC) has put forward two e-auctions for Friable Chrome ore & Chrome Concentrate on 26 Dec, 2014 for both inside-state & outside-state buyers.

MSTC on the behalf of OMC, will conduct a national e-auction for 16,800 MT Chrome ore and 1,300 MT Chrome Concentrate on 26 Dec, 2014. The material is lying at South Kaliapani Chromite Mines & COB Plant Kaliapani, Odisha respectively.

Bidders have to quote for basic price in INR per MT, which will be inclusive of royalty and exclusive of Cess and statutory duties & levies. Also, the minimum quantity to be quoted is 100 MT and in multiples of it.

Material Details

Material Lot No. Grade (Cr2O3 %) Floor Price (INR/MT) Qty (MT)
Friable Chrome Ore A +54 12,404 3,000
B 52 11,945 3,200
C 50 9,971 100
D 48 9,572 3,600
E +46 9,173 1,800
F +44 8,774 1,500
G 42 8,375 600
H 52 11,945 100
I 50 9,971 300
J 48 9,572 1,200
K 46 9,173 800
L 44 8,774 300
M 42 8,375 300
Total 16,800
Chrome Concentrate A 52 11,907 100
B 58 9,937 700
C 48 9,540 100
D 40 7,950 400
Total 1,300

 

Submission of bid is valid till 24 Dec, 2014 at 16.00 hrs and the auction will commence on 26 Dec, 2014 at 10.00 hrs.

Note:

  • OMC had conducted an e-auction for 13,500 MT Chrome ore including 1,000 MT of Concentrate for across India on 17 Nov, 2014. The quota reserved for the inside-state buyers was not auctioned in view of the government’s plan to supply inside-state buyers (Ferro chrome units) on long-term basis.
  • Also, another auction was conducted for only 6,715 MT Friable Chrome on 21 Nov, 2104.

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