Sandur Manganese Secures Approval for Significant Iron Ore Production Expansion

1 min read     Updated on 30 Apr 2025, 12:13 PM
scanxBy ScanX News Team
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Overview

Sandur Manganese & Iron Ores Limited has received consent from the Karnataka State Pollution Control Board to expand its iron ore production capacity to 4.36 million tonnes per annum (MTPA), up from 3.81 MTPA. The approval also allows handling of 0.33 Million Tonnes of stocked incidental iron ore by August 31, 2026. The company will present these approvals to the Supreme Court-appointed Monitoring Committee and the Department of Mines and Geology before implementation.

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Sandur Manganese & Iron Ores (SANDUMA) has received a crucial green light for its expansion plans, marking a potential turning point for the company's production capabilities.

Expansion Approval

The Karnataka State Pollution Control Board (KSPCB) has granted Sandur Manganese consent to expand its iron ore production capacity to 4.36 million tonnes per annum (MTPA). This approval represents a significant increase from the company's current production levels and could substantially boost its operational output.

Details of the Consent

According to the company's latest disclosure to the stock exchanges, the KSPCB has issued a Consent for Operation - Expansion (CFO-Expand) for Sandur Manganese's mines. The approval covers two key aspects:

  1. ML No. 2678: Enhancement of iron ore production from the current 3.81 MTPA to 4.36 MTPA.
  2. ML No. 2679: Permission to handle already stocked incidental iron ore of 0.33 Million Tonnes within the next two years, by August 31, 2026.

Regulatory Compliance

The company received the authorization on April 29, 2025, under The Water (Prevention & Control of Pollution) Act, 1974 and The Air (Prevention & Control of Pollution) Act, 1981. This approval underscores Sandur Manganese's commitment to regulatory compliance and environmental responsibility.

Next Steps

Before implementing the expanded production capacity, Sandur Manganese will present all the approvals to the Monitoring Committee constituted by the Hon'ble Supreme Court and the Department of Mines and Geology. This step ensures that the company operates within the specified levels and adheres to all legal and environmental requirements.

Potential Impact

The expansion in production capacity could have significant implications for Sandur Manganese's business operations:

  • Increased Output: The ability to produce up to 4.36 MTPA of iron ore could lead to higher revenues and market share.
  • Utilization of Resources: The approval to handle stocked incidental iron ore allows the company to efficiently manage its existing resources.
  • Market Position: Enhanced production capabilities may strengthen the company's position in the competitive iron ore market.

As Sandur Manganese moves forward with its expansion plans, investors and industry observers will be keen to see how this increased capacity translates into business growth and financial performance in the coming years.

Historical Stock Returns for Sandur Manganese & Iron Ores

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Sandur Manganese & Iron Ores
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