OMC Chrome ore e-auction tomorrow, 20,000 tons concentrate on offer

Odisha
Mining Corporation (OMC) will start a fresh round of e-auction for Chrome ore
concentrates tomorrow i.e. 7^th March. This time 20,000 tons of
chrome ore concentrate of 38-40 grade from its Kaliapani Beneficiation plant is
on offer.

In the last
e-auction for different grades of chrome ore friable and concentrate, held on
16^th February, OMC had fetched record price owing to stop in
production by other merchant chrome miners and rise of ferrochrome prices at
the international market. The 54+ grade friable chrome ore of South Kaliapani
mines had fetched a price of Rs 17,073, a rise of 54% against the last e-auction
price of Rs 11,087 held in December 24^th. The 38-40 grade has fetched
H1 price of Rs 7,447 in this round of e-auction.