Tag: Odisha iron ore news
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India: OMDC’s iron ore auction receives weak response
Orissa Minerals Development Company (OMDC) auctioned 40,000 t of iron ore fines from its Bagiaburu mines in Odisha on 26 May. Of the total volume, only 12,000 t of fines (Fe 45-51%) were booked at the base price of INR 900/t, while the remaining quantity was unsold. Prices are on ex-mines basis and inclusive of…