OMC to conduct e-action for sale of 8.5 lakh tonnes of Iron Ore Fines on 7th Jan


Bhubaneswar: Odisha Government owned miner OMC is scheduled to auction 8, 51,100 metric tonnes of Iron Ore fines of various grades on 7th of this month. The auction will be conducted by MSTC between 11 am and 2 pm on the electronic mode.

The fines has been produced at various mines of OMC like Daitari in Jajpur district, Gandhamardan (Block A and B) Regions, Tiring Pahar (Barbil Region) in Keonjhar district and Koira Region in Sundergarh district.

At the Gandhamardan mines, total 7,13,100 tonnes of Iron fines of various grades is available. Similarly, at the Daitari mines total 90,000 tonnes of Iron Ore fines of various grades are available for sale. On the other hand, 36000 tonnes of fines (60% Fe) is available for sale.


Who can participate in the e-auction :

The national e-auction is limited to end-user industries only and no traders will be allowed to participate in the e-auction.

Eligible buyers:

(a) State based MoU signed Steel Plants with whom long term linkage has been established.

(b) Steel Plants, Sponge Iron Plants & Pig Iron Plants inside Odisha & outside Odisha.

(c) Iron ore lessees and its sister concern are allowed to participate in the national eauction whether their mines is operative or inoperative.

(d) Pellet & Sinter making end-use industries inside Odisha & outside Odisha – iron ore fines only.

(e) State based Crusher Units

  1. i) For Soft Iron Ore of Putulpani of Gandhamardan Mines
  2. ii) For BF grade Iron Ore of Barpada Kasia Mines of Barbil Region.
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