Tag: OMC Auction
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India: Iron ore lump fetches bids higher by 30% in recent OMC auction
State-owned miner Odisha Mining Corporation (OMC) had scheduled an e-auction for iron ore fines and lumps on 15 Jan’22. Around 0.86 mn t of iron ore lump and 1.17 mn t of fines were put up for auction from OMC’s mines. The lumps auction received aggressive participation and bids increased by up to INR 3,600/t…