India: OMDC to auction 40,000 t of iron ore from Odisha

Orissa Minerals Development Company (OMDC) has scheduled an auction on 26 May’25 for 40,000 t of iron ore fines (20,000 t – Fe 45-51% and 20,000 t – Fe 55-58%) from its Bagiaburu mines in Odisha. Floor prices are yet to be declared by the company, which will be on ex-mines basis, inclusive of royalty, DMF, and NMET.


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