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Sandur Manganese Gets Green Signal: Operations to Remain Uninterrupted Without Renewal Obstacle as High Court Validates Forest Clearance

Updated: May 07, 2025 19:05

Image Source: M&A Critique
Sandur Manganese and Iron Ores Ltd. (SMIORE) received a huge shot in the arm as the company assured that it will be able to carry on mining activities without seeking further renewal, after a landmark High Court ruling upholding its forest clearances. The development is a milestone for one of Karnataka's oldest mining companies, removing regulatory uncertainties and paving the way for growth.
 
Highlights:
  • No Renewal Obstacles: SMIORE can now do without seeking recurrent renewal of its mining lease owing to the High Court's affirmation of the legality of its present forest clearances. This gets rid of one major compliance snag and guarantees undisrupted operations henceforth.
  • Forest Clearances Validated: The High Court ruling upholds that the company's forest clearances-first issued in 2007 and until 2027-are entirely valid, entrenching SMIORE's legal entitlement to proceed with mining operations in its leasehold areas.
  • Expansion Momentum: With regulatory clarity, SMIORE is set to increase production. The company has recently obtained approval for operation expansion and is looking to raise output of both iron ore and manganese, with a plan to increase iron ore production to 4.5 million tonnes per annum and manganese ore to 0.58 million tonnes per annum.
  • Sustainable Growth: SMIORE is also putting its money in clean energy, having collaborated to install a 42.9 MW hybrid power plant to facilitate its expanding ferroalloys business and sustainability agenda.
  • Industry Impact: This regulatory and legal achievement boosts investor sentiment and puts Sandur Manganese on a high-growth path, fulfilling its vision of integrated, sustainable mining and metals operations.
Source: Moneycontrol, Goodreturns, Business Standard

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