The Odisha government is considering electronic auctions for iron ore mined in the state as resource-rich but cash-starved states seek to increase their precious revenue to counter rampant illegal mining. A senior state government official told ET that such a proposal is being considering but is at a preliminary stage. Odisha produces about a third of the country’s iron ore leading with players such as Tata Steel, Steel Authority of India, Birla’s Essel Mining, Adhunik Metaliks all owning mines within the state.