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Data Story: Base Metal Prices fixed by OMC

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Data Story: Base Metal Prices fixed by OMC

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Data Story: Base Metal Prices fixed by OMC
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Debasis Mohapatra

Bengaluru, 1 June 2025

Odisha Mining Corporation is one of the largest state-owned public enterprises of India. Located in mineral-rich state of Odisha, its auction prices for base metals like chromite, iron ore & bauxite work as industry benchmarks for India and the world.

1- Bauxite:

Base Metal ParticularsPricing per MT (metric tonne)
Bauxite – Grade (Al2O3)- 38-40% Al2O3Rs 3,128
  • OMC (Odisha Mining Corporation) price of Gibbsitic Bauxite ore valid till June 6, 2025.

2- Chrome Ore:

Base Metal ParticularsPricing per MT (metric tonne)
Chrome ore-    54%+  Cr2O3Rs 34,137
Chrome ore-    52-54%  Cr2O3Rs 30,120
Chrome ore-    48-50% Cr2O3Rs 26,148
Chrome ore-    46-48% Cr2O3Rs 19,242
  • OMC price of Chrome ore valid till June 20, 2025.

3- Iron Ore:

Base Metal ParticularsPricing per MT (metric tonne)
Iron ore-    62-65% Fe- (From Daitari Mines)Rs 6,186
Iron ore-    62-65% Fe- (From Gandhamardan Block-A Mines)Rs 5,738
Iron ore-    62-65% Fe- (From Gandhamardan Block-B Mines)Rs 5,969
Iron ore-    62-65% Fe- (From Guali- under Barbil region)Rs 6,544
  • OMC price of Iron ore valid till June 29, 2025.

(Source: OMC)

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