The Sandur Manganese & Iron Ores Limited receives KSPCB nod for expansion

Pursuant to the grant of Environmental Clearance (EC) for increase in Iron Ore production from 1.60 Million Tonnes Per Annum (MTPA) to 4.50 MTPA along with proposed 7.0 MTPA Beneficiation Plant and a Downhill Conveyor System by Ministry of Environment, Forest & Climate Change (MoEFCC), the company has received Consent for Expansion (CFE) from Karnataka State Pollution Control Board (KSPCB), Bengaluru for the aforesaid expansion activities vide their Consent Order No. CTE-339450 dated 4 September 2023. The Company will now obtain Consent for Operation (CFO) from KSPCB and then Maximum Permissible Annual Production (MPAP) from monitoring committee to operate at the enhanced level.

Shares of SANDUR MANGANESE & IRON ORES LTD. was last trading in BSE at Rs. 1543.65 as compared to the previous close of Rs. 1477.50. The total number of shares traded during the day was 104959 in over 3803 trades.

The stock hit an intraday high of Rs. 1589.00 and intraday low of 1500.00. The net turnover during the day was Rs. 163015972.00.

Source : Equity Bulls

Keywords

SANDURMANGANESEandIRONORES INE149K01016 Mining KSPCB Approval Expansion