India: Over 180,000 t of iron ore to be auctioned from Odisha mines

Odisha based miners scheduled auctions for 182,930-t of iron ore.

• SAIL-Bolani mines : 43,000-t (Fe 62%) iron ore CLO and 20,000-t (Fe 59.92%) dump fines on 24 Dec.
• SAIL-Barsua mines : 19,930-t (Fe 60.37%) iron ore tailings on 26 Dec.
• BRPL : 100,000-t (Fe 48-50%) iron ore tailings at a base price of INR 1,000/t on 30 Dec.

Prices will be on ex-mines basis for SAIL while BRPL’s are LTW.