Orissa Minerals Development Company Limited (OMDC) has scheduled an auction for 12,024 t of iron ore from its Bagiaburu mines in Odisha on 7 Aug’24. Out of the total quantity, 8,027 t are CLO (10-40 mm, Fe 58.84%) and 3,997 t are fines (Fe 51.44%). The floor prices are yet to be declared by the company, which will be on ex mines basis and inclusive of royalty, DMF and NMET.
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