Tag: OMC iron ore auction
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India: OMC raises base prices for upcoming iron ore e-auction
State-run Odisha Mining Corporation (OMC) has scheduled an auction for iron ore fines and lumps on 16 Nov’22. Around 0.75 mnt of fines and 0.65 mnt of lumps will be put up for auction from OMC’s mines. The miner has increased the base price for fines by up to INR 350/t and that of lumps…