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Sandur Manganese Secures Approval for Forest Land Diversion

Story Highlights
  • Sandur Manganese & Iron Ores Ltd received approval for forest land diversion.
  • The approval enables the establishment of a Downhill Conveyor Pipe System, enhancing operations.
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Sandur Manganese Secures Approval for Forest Land Diversion

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Sandur Manganese & Iron Ores Ltd ( (IN:SANDUMA) ) has issued an update.

Sandur Manganese & Iron Ores Ltd has received final approval from the Ministry of Environment, Forest and Climate Change for the diversion of forest land to establish a Downhill Conveyor Pipe System. This approval marks a significant step for the company in enhancing its operational efficiency by facilitating the transportation of iron ore from the Kammathuru Iron Ore Mine to the PMBR siding, potentially strengthening its market position and operational capabilities.

More about Sandur Manganese & Iron Ores Ltd

Sandur Manganese & Iron Ores Ltd is a company operating in the mining industry, primarily focused on the extraction and processing of manganese and iron ores. The company is based in Karnataka, India, and is involved in the production of metal and ferroalloy products.

Average Trading Volume: 77,415

Technical Sentiment Signal: Strong Buy

Current Market Cap: 81.93B INR

See more insights into SANDUMA stock on TipRanks’ Stock Analysis page.

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