Tag: OMC Iron Ore E-auction
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India: 85% Material Sold in OMC Iron Ore E-auction
Entire quantity of iron ore lump offered from Koira mines was sold and bids received were higher by INR 250-300/MT than base price. Odisha Mining Corporation (OMC), a state-owned miner conducted iron ore e-auction yesterday (i.e 4 Aug’17). Offered quantity comprised of 297,900 MT iron ore lump. The material put under hammer is from Gandhamardan,…