Sandur Manganese & Iron Ores Limited — Important, 24-12-2024: General Updates

The Sandur Manganese & Iron Ores Limited has received Consent for Establishment-Expansion (CFE-EXP) from the Karnataka State Pollution Control Board for its Ramghad Manganese & Iron Ore Mines. This grant enables the company to produce 0.216 Million Tonnes Per Annum (MTPA) of iron ore and handle 0.327 Million Tonnes of already stocked incidental iron ore within the next two years. The company will now proceed to obtain Consent for Operation (CFO) and the necessary additional regulatory approvals. This development marks a significant step in expanding operational capacity and can positively impact the company's production capabilities and revenue potential. Shareholders should monitor this progression closely for its potential benefits to the company’s growth trajectory.