Orissa Minerals Development Company Limited (OMDC) has scheduled an auction for 17,304 t of iron ore from its Bagiaburu and Bhadrashai mines in Odisha on 31 May’24. Out of the total quantity, 8,000 t are iron ore CLO (10-40 mm, Fe58.41-63.74%) and 9,304 t are fines (Fe 51.44-58.82%). The floor prices are yet to be declared by the company, which will be on ex-mines basis and exclusive of royalty, DMF and NMET.
