The Sandur Manganese & Iron Ores Limited (SMIORE) has received regulatory approval to increase its permissible annual production (PAP) limit of iron ore. The Central Empowered Committee, constituted by the Hon’ble Supreme Court of India, has approved an enhancement from 3.81 Million Tonnes Per Annum (MTPA) to 4.36 MTPA.
With this approval in place, SMIORE now plans to obtain necessary consent for operation expansion from the Karnataka State Pollution Control Board and other regulatory bodies. This step positions the company to operate at enhanced levels, boosting output to meet growing market demand.
SMIORE, the fifth-largest iron ore miner in Karnataka and the 3rd largest manganese ore miner in India continues to strengthen its market presence. Known for mining low-phosphorus manganese and iron ore in the Hosapete-Ballari region of Karnataka, the company has built a reputation for operational excellence.
SMIORE’s infrastructure includes:
These facilities enable the company to add value to its raw materials and enhance profitability.
As of January 2, 2025, Sandur Manganese & Iron Ores’ share price recorded a 2% increase, reaching an intraday high of ₹439. This rise reflects investor optimism following the production enhancement approval.
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