Sandur Manganese Secures Key Approval for Production Boost! 🚀
Big news from the mining sector! Sandur Manganese & Iron Ores Limited (SANDUMA) has just announced a significant step forward that could reshape its operational landscape.
The company has received crucial approval to enhance its Permissible Annual Production (PAP) limits for both manganese and iron ore. This isn’t just a minor tweak; it’s a green light for boosting output.
Let’s dive into the numbers:
- For manganese ore, the PAP limit is set to increase from the existing 0.032 Million Metric Tonnes (MMT) to a new 0.049 MMT. That’s a noticeable bump! 💪
- Iron ore production at Mining Lease No. 2679 also sees an enhancement, with a new PAP limit of 0.089 MMT.
But wait, there’s more! Sandur Manganese also secured permission to transport 0.327 MMT of already produced incidental iron ore over the next two financial years. This will be split, with 0.164 MMT in FY 2025-26 and the remaining 0.163 MMT in FY 2026-27. This flexibility allows the company to capitalize on existing stock.
Who approved this significant move? This approval comes from the Central Empowered Committee (CEC), a body constituted by the Hon’ble Supreme Court of India. Getting a nod from such a high authority underscores the importance and legitimacy of this expansion. The approval was formalized through their letter dated 6 August 2025.
What does this mean for SANDUMA? For Sandur Manganese & Iron Ores Limited, a prominent player in the Indian mining and ferroalloys industry https://www.sandurgroup.com/, this development is a game-changer. Increased production limits mean the potential for higher volumes of sales, improved revenue streams, and greater operational efficiency. The company stated it will now proceed to obtain the necessary regulatory approvals to begin operating at these enhanced levels.
This move signals a positive outlook for SANDUMA, positioning it for potential growth and strengthened market presence in the coming years. Keep an eye on how these enhanced capabilities translate into their future performance! 📈
source: Corporate Announcement
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