Sandur Manganese & Iron Ores (SMIORE) is one of India's highly integrated and diversified commodity producers with a rich heritage and over decades of experience in systematic, safe and scientific mining. Established in 1954, the company has since expanded beyond mining operations to include the production of ferroalloys, coke and energy, and continue to work towards further downstream expansion and diversification. At the heart of its business lies a steadfast commitment to environmentally responsible, systematic, safe, and scientific mining practices.
With an award-winning Sustainable Development Framework, the company prioritises a better quality of life for direct and indirect employees and various communities around it. Marching ahead to the future with the core values of integrity, ethics and humility, it is a model organisation for sustainable development, environmental protection, social impact and innovation. With a strong, forward-looking vision, SMIORE remains dedicated to becoming a fully integrated and sustainable commodity producer, well positioned for long-term growth and industry leadership in the years ahead.
Business Verticals
- Manganese Ore
- Iron Ore
- Ferroalloys
- Coke & Energy
Business area of the company
The company is engaged in mining of manganese and iron ores in Deogiri village of Sandur taluk, Ballari District, Karnataka. The company is also engaged in the manufacture of ferroalloys, coke and energy at Vyasanakere, Hosapete. The company is a public limited Company incorporated in India.
Awards and Recognitions
2019-20
- The company have been awarded ‘Five Star’ rating for 2016-17 at the 3rd National Conclave on Mines and Minerals held at New Delhi.
- SMIORE has won several awards for safety and environmental protection at the State and National levels.
2020-21
- Five Star Award for Implementing SDF (Sustainable Development Framework)
- Recognized by the Vasudeva Committee (Constituted by Government of India) for Systematic Mining
- The Government of India has successively awarded SMIORE with the highest standards of safety awards for many years.
2021-22
- SMIORE has consistently received the 5-star rating each year since the introduction of SDF.
- The company has received Vishwakarma Rashtriya Puraskar, National Safety Award (Mines) to the Company’s Deogiri Manganese & Iron Ore Mine for the year 2017, i.e., after a gap of about 26 years
- Recognized as a leading mining company in Karnataka
- Excellence in productivity, quality, innovation and management award, 2009, by the Institute of Economic Studies (IES),
2022-23
- Receive the Five Star Rating Award for the eighth consecutive time since inception.
- Industry Safety Awards - SMIORE being awarded an impressive total of 33 prizes in various categories.
- Environment Conservation Awards - SMIORE achieved remarkable success by securing a total of 17 prestigious prizes.
- SMIORE’s Vyasanakere plant achieved an outstanding milestone by being honoured with the ‘Best Safety Performance Industry’ award at the BKRISE regional level competition in FY23.
2023-24
- 5 Star Rated Mines Award
- Mines Safety Award
2024-25
- Seven Star and Five Star Rating of Mines Award
- Silver Award in 50th CII National Kaizen Competition (Coke Oven Team)
- Gold Award for Industrial Safety Leadership -CII 2024
Milestones
- 1950s: SMIORE gains mining lease
- 1966: Listed on the Bombay Stock Exchange (BSE) Limited to fund and establish its electro metallurgical operations.
- 1968: Commissioned the first 15-MVA furnace in Vyasanakere, initiating ferroalloy production.
- 1977: Added two 20-MVA furnaces, facilitating diversification into Pig Iron, Ferromanganese, Ferrosilicon, and Silicomanganese.
- 1980s: The Company consolidated its operations on mining and ferro alloys operations.
- 1990s: Faced operational hurdles due to scarce and expensive power supply, impacting ferroalloy operations.
- 2000: Temporarily suspended ferroalloy manufacturing considering persistent energy constraints.
- 2007: Demonstrated resilience by restarting ferroalloy operations.
- 2010: Commissioned a 32 MW Captive Thermal Power Plant to address ongoing power challenges.
- 2018: Initiated construction of Waste Heat Recovery Boilers (WHRB) alongside a Coke Oven Plant, to ensure long-term power viability and sustainability.
- 2021: Achieved a major operational turnaround with the full commissioning of the Coke Oven and WHRB plant, revitalising ferroalloy production capabilities.
- 2022: 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.
- 2022: Nearly doubled the production capacity of Silicomanganese and Ferromanganese (SiMn/FeMn) to 95,000 TPA/125,000 TPA, up from 48,000 TPA/66,000 TPA, reflecting growing market demand and enhanced efficiency.
- 2023: Received Environmental Clearance for mining expansion from 1.6 to 4.5 MTPA of iron ore.
- 2023: Commissioned a 42.9 MW Hybrid Renewable Energy Project under the SPV Renew Sandur Green Energy Solutions Private Limited, supporting energy sustainability in tandem with increased ferroalloy operations.
- 2024: Sandur crossed $1 billion in market capitalization.
- 2024: Received enhanced MPAP of 3.81 MT of iron ore and 0.462 MT of manganese ore from the Monitoring Committee.
- 2024: Raised Rs 450 crore through issue of Listed Non-Convertible Debentures.
- 2024: Strategic business acquisition of Arjas Steel Private Limited.
- 2025: Commissioned Arjas’ first Garret Coiler, enabling production of coil-based products.