Sandur Manganese rises on environmental clearance for higher iron ore output

Sandur Manganese & Iron Ores rose 2.53% to Rs 184.45 after the Ministry of Environment, Forest and Climate Change granted environmental clearance for enhanced iron ore production capacity at its mining lease.

The clearance allows the company to increase iron ore run-of-mine (RoM) production capacity from 7.85 million tonnes per annum (MTPA) to 9.42 MTPA. It also permits a reduction in manganese ore production capacity from 1.34 MTPA to 0.733 MTPA.

The approval covers the company's iron ore and manganese ore mine under Mining Lease No. 2678, spread across 1,860.10 hectares. It also includes the reconfiguration of the beneficiation plant into two units of 3.5 MTPA each, from the existing single 7 MTPA unit.

The approved 1.2-km downhill conveyor system will remain unchanged. The environmental clearance was issued on 11 November 2026.

Sandur Manganese said it would initiate the process of obtaining further regulatory approvals to commence operations at the enhanced production levels.

The Sandur Manganese & Iron Ores, the flagship company of the Karnataka based Sandur Group, incorporated in 1954. The company is involved in mining of low phosphorous manganese and iron ore in the Hosapete Ballari region of Karnataka. In addition, company manufactures ferro-alloys (silico-Manganese and ferro manganese) and coke at its plant in Vyasankare, near Hospet.

On a consolidated basis, Sandur Manganese & Iron Ores' net profit rose 87.90% to Rs 260.28 crore while net sales rose 22.22% to Rs 1506.13 crore in Q2 September 2026 over Q2 September 2025.

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