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Evolution & Milestones

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1950s:

  • SMIORE gains mining lease
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1960s:

  • Public listing on the BSE (Bombay Stock Exchange)
  • Set up the Vyasanakere Ferroalloy plant
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1970s:

  • Given up 2800 Ha iron ore bearing area to NMDC
  • Extended ferroalloys capacity and added the production of Pig Iron, Ferromanganese, Ferrosilicon and Silicomanganese
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1980s:

  • The Company consolidated it's operations on mining and ferro alloys operations
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1990s:

  • Surrendered 1500 Ha for forest conservation
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2000s:

  • The Company plans for power self-sufficiency
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2010s:

  • 32 MW captive thermal power plant made operational
  • Mining lease renewed until December 2033
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2020s:

  • The Coke Oven and Waste Heat Recovery Boiler plant fully commissioned
  • SMIORE possesses two mining leases over an area of 2000 Ha. Estimated Manganese Ore reserves of 14 MT and 110 MT of Iron Ore
  • The Company has obtained approval from MoEF&CC for the change in plant configuration and product mix for the Company's plant situated at Hanumanahalli Village, Hosapete Taluk, Vijayanagara District, Karnataka.
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2023s:

  • Received Environmental Clearance for mining expansion from 1.6 to 4.5 MTPA of iron ore
  • Commissioned 42.9 MW captive hybrid renewable energy project
  • Sandur was listed on the National Stock Exchange of India Limited (NSE)
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2024s:

  • Sandur crossed $1 billion in market capitalization
  • Received enhanced MPAP of 3.81 MT of iron ore and 0.462 MT of manganese ore from the Monitoring Committee
  • Announced strategic business acquisition of Arjas Steel Private Limited