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India: OMC To Run Cr Ore Auction; Base Price Up 16%

Odisha Mining Corporation (OMC) is all set to conduct its 60th auction for Chrome ore on 28-May-2020. The details of the forthcoming auctions are as shown below:
1. OMC increased the base prices of various grades of Chrome Ore (Friable) by 16% M-o-M for May auctions. 2. The total quantity offered for the auction is 140,500 MT, out of which, 120,400 MT is from South Kaliapani Mines and the remaining is from Sukrangi Chromite Mines. 3. Chrome ore lessees


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