Orissa Minerals Development Company Limited (OMDC) has scheduled an auction for 7,887 t of iron ore fines (0-10 mm, Fe 58.14-58.78%) and 3,997 t of iron ore screened fines (Fe 51.44%) from its Bhadrasahi Iron and manganese mines and Bagiaburu mines, respectively, from Odisha. The auction will be held on 28 Mar’24. The floor price which is yet to be declared by the company will be on FOT basis and exclusive of royalty, DMF and NMET.
