Tag: OMC Auction Result
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India: Rungta emerges largest buyer at OMC iron ore lumps auction
Rungta Mines emerged as the largest buyer at OMC’s recent lumps auction. Odisha’s leading PSU miner, Orissa Mining Corp (OMC), had scheduled an iron ore lump e-auction on 31 Aug’21. The average grade of material put to auction varied from Fe 62%- 65%. Out of the total 765,000 tonnes (t) iron ore lumps, the miner…