OMC floats Tender for Sale of 31,100 MT Iron Ore (CLO)

Odisha Mining Corp (OMC) invites bid for sale of CLO (Calibrated Lumps Ore) for Quarter-2 from Odisha

Odisha Mining Corporation (OMC), a state-owned miner has floated a tender for sale of 31,100 MT Iron ore lumps (10-40 mm) for Q2 FY15 from different mines based in Barbil, Daitari, Gandhamardhan.

OMC produces around 3 MnT of Iron ore, out of which almost 90% ore has been reserved for state based mills like Bushan, Visa & Maithan. Another 10% is being tendered, which is for both state and outside states mills on quarterly basis.

OMC had also recently offered 0.3 MnT of 10-30 mm CLO of grade 62% from Koira mines in an open sale offer of INR 4,250/MT (Ex- Kurmitar Mines).

OMC Iron Ore Lumps Prices of FY14

Mines

Size (mm)

Grade (%)

Qty Tendered (MT)

Apr-Jun’14

Jan-Mar’14

Oct-Dec’13

Barbil

10-40

62

5,000

3,701

3,701

3,701

Gandhamardan

10-40

62

10,000

3,531

3,531

3,303

Gandhamardan

10-180

65

5,000

3,355

3,355

3,710

Gandhamardhan

10-40

62

3,000

3,303

Koira

10-40

62

4,250

4,855

4,501

Koira

5-18

65

4,053

Daitari*

10-40

62

8,100

3,501

3,303

3,501

 

 

 

 

 

 

Prices in INR/MT, including royalty on Ex-Mines
* Ex-Railway siding

Important Time & Dates

  • Bid submission due date: 25 Jun, 2014 at 13.00 hrs IST
  • Bid opening date: 25 Jun, 2014 at 15.00 hrs IST

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