SANDUMA Receives Allocation of Maximum Permissible Annual Production
Sandur Manganese & Iron Ores Limited receives allocation of Maximum Permissible Annual Production for Mining Lease No. 2679, increasing iron and manganese ore production limits for FY 2025-26.
The increase in permissible production is likely to have a moderate positive impact on the company's revenue and profitability.
The announcement indicates an increase in production limits, which is generally a positive development for the company.
* Sandur Manganese & Iron Ores Limited (SANDUMA) has received allocation of Maximum Permissible Annual Production (MPAP) for Mining Lease No. 2679 from the Monitoring Committee constituted by the Supreme Court of India. * The MPAP of iron ore, adjusted for the remaining 5 months of FY 2025-26, will be 0.03708 MTPA. * The MPAP of manganese ore for FY 2025-26 is enhanced from 0.032 MTPA to 0.03908 MTPA, reflecting an increase of 0.00708 MTPA.
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