Sandur Manganese & Iron Ores has achieved a significant milestone in its operational expansion plans. The company recently received final approval from the Ministry of Environment, Forest and Climate Change (MoEF&CC) for the diversion of forest land in Karnataka. This approval is a crucial step towards establishing a Direct Dispatch System (DDS) that will connect the Kammathuru Iron Ore Mine to the PMBR (BMM) Siding.

Key Points of the Approval

• Approving Authority: Ministry of Environment, Forest and Climate Change (MoEF&CC)
• Nature of Approval: Diversion of forest land
• Location: Karnataka
• Purpose: Establishing a Direct Dispatch System (DDS)
• Connection: From Kammathuru Iron Ore Mine to PMBR (BMM) Siding

Implications for Sandur Manganese & Iron Ores

This approval marks a significant development for Sandur Manganese & Iron Ores, potentially streamlining their mining operations in Karnataka. The establishment of a Direct Dispatch System could lead to improved efficiency in transporting iron ore from the mine to the siding, which may have positive implications for the company's operational logistics and costs.

Environmental Considerations

The approval from the MoEF&CC suggests that the project has met the necessary environmental standards for forest land diversion. This balance between industrial development and environmental conservation is crucial in the mining sector, where sustainable practices are increasingly important.

Looking Ahead

While this approval is a positive step for Sandur Manganese & Iron Ores, the implementation of the Direct Dispatch System and its potential impact on operations and financial performance will be of interest to investors and industry observers.

Sandur Manganese & Iron Ores Limited (SMIORE) has achieved a significant milestone in its infrastructure development plans. The company has received final approval from the Ministry of Environment, Forest and Climate Change (MoEF&CC) for the diversion of 2.43 hectares of forest land in the Deogiri Swamimalai Forest Block, located in Sandur Taluk, Bellary District, Karnataka.

Key Highlights

• Approval Purpose: The forest land diversion is approved for establishing a Downhill Conveyor Pipe System (DCS).
• Project Details: The DCS will connect the Kammathuru Iron Ore Mine (ML No. 2678, Old No. 2580/1179) to the PMBR (BMM) siding.
• Approval Date: The MoEF&CC granted the approval under Section 2(1)(ii) of the Van (Sanrakshan Evam Samvardhanam) Adhiniyam, 1980.

Implications and Next Steps

The approval marks a crucial step forward for SMIORE's operational efficiency. The Downhill Conveyor Pipe System is expected to streamline the transportation of iron ore from the Kammathuru mine to the siding, potentially reducing costs and environmental impact associated with traditional transportation methods.

Neha Thomas, Company Secretary & Compliance Officer of SMIORE, stated that the company will now approach the Department of Forests & Environment, Government of Karnataka, to execute a Forest Lease Agreement in accordance with the applicable provisions.

About Sandur Manganese & Iron Ores Limited

SMIORE is an ISO 9001:2015, ISO 14001:2015, and 45001:2018 certified company with a strong presence in the manganese and iron ore sector. The company's operations span across various locations in Karnataka, including:

• Registered Office in Sandur, Ballari District
• Corporate Office in Bengaluru
• Mines Office in Deogiri, Sandur Taluk
• Metal & Ferroalloy Plant in Vyasankere, Hosapete Taluk, Vijayanagara District

This latest approval aligns with SMIORE's commitment to sustainable growth and operational excellence in the mining sector.