Essential for steel production (90% of use), increasingly important for battery cathodes (LMO, LNMO chemistries). India is the 5th largest manganese producer globally.
Why it matters for India: India has meaningful domestic manganese reserves in Odisha, Maharashtra, and Karnataka. Companies like Sandur Manganese and MOIL are positioned for both traditional steel demand and the emerging battery materials opportunity.
Sectors represented: Oil Gas & Consumable Fuels, Metals & Mining, Power
...The Company has ori 1 September 2024 received Environmental Clearance (EC) from Ministry of Environment, Forest and Climate Change (MoEFCC) for Iron Ore production of 0.216 Million Tonnes Per Annum (MTPA) by retaining the existing Manganese Ore production of 0.05 MTPA along with handling of 0.327 Million Tonnes of already stocked incidental Iron Ore in its Ramghad Manganese & Iron Ores mines.....
...Manganese-based Ferro AlloysTotal Plant Location Vishakhapatnam (SMAL) Siltara, Raipur (SEML) 2 units Current Capacity2*33 MVA 1*36 MVA 5*9 MVA147 MVA Primary MarketsExportsDomestic Efficiency-driven Captive inputs like iron ore and coal mines, and dedicated thermal & waste heat power plants help in maintaining consistent quality and cost-effective operations. 15 Corporate Over...
...Highlights of performance during first nine months of FY’24 are as under: - Achieved production of 12.73 lakh MT of manganese ore registering a remarkable growth of 41% y-o-y. - Registered sales of 11.01 lakh MT of manganese ore with a significant growth of 40% y-o-y. - Revenue from operation during the nine months of FY’24 was at Rs...
...Ferro Alloys-consists of manufacturing of alloy metals viz:-silica manganese and ferro silicon Energy-comprise of generation of power from thermal sources and related ancillary services including for captive use Mining-comprise of mining of mineable resources for captive use and external sales Other-comprise of distribution of pharmaceutical products and Agribusiness. 131.12.2023 · (Unauclite\t...
...2021 31-March-2022 Un-AuditedUn-AuditedUn-AuditedUn-AuditedUn-AuditedAudited 1 REVENUE BY BUSINESS SEGMENT: (a) Iron Ore 790.71 520.10 2,861.23 2,857.01 6,680.49 7,575.27 (b) Manganese Ore (0.00) 0.01 111.64 0.01 689.95 692.60 (c) ...
...It sells more than 65% of pig iron and 69% of iron ore in the domestic market. In FY 2023, the Company strengthened its industry position by ramping up mining operations. It bagged iron ore blocks FEE grade and BICO in Odisha’s HIGH CARBON FERRO CHROME Overview High carbon ferro chrome (HCFC) is a key raw material in stainless steel, adding special characteristics...
...Over the next 12 months, our exploration team is looking for high potential near mine areas with high grade and widths, which will enable the mining team to immediately upgrade to Ore Reserves and increase ore production. Similar to previous years, SRK Consulting (UK) Limited (SRK) has audited the Mineral Resources and Ore Reserves for Hindustan Zinc, with an effective date of March 31...
...Partnership with MOIL for Manganese Asset Development GMDC has signed an MoU with MOIL to begin mining and marketing activities for the manganese asset in the Pani region. This collaboration enhances our operational scope and market presence, leveraging MOIL's expertise and networks for successful exploitation and commercialisation of manganese reserves. Operationalisation of Copper Mine in Amb...
...of India to reserve in favour of NMDC for grant of prospecting & mining operation. The matter is being pursued with Govt of Karnataka. Odisha- lron & Manganese Ore Your Company is pursuing for reservation for Malangtoli, Mankadnacha, Khandadhar (A & B Blocks), & Rakma iron ore deposits and Panduliposi lron Ore & Manganese Deposit and Kansa block for Nickel. NMDC has carried out detailed explora...
...0.49 Mt) valuing ^ 491.32 crores (as at 31®' March 2022 valuing ?507.10 crores). - at its Chandrapur Ferro Alloys Plant is carrying inventory of Granulated high manganese ore (HMnO) slag and slag fmes of 0.15 MT (as at 31®' March 2022 : 0.14 MT) valuing ^33.73 crores (as at 31®'March 2022 valuing ^37.75 crores). The Company is formulating...
...India has rich reserves of manganese ore and chromite, essential for ferro alloy production, reducing import dependency. 3. Export Potential: Rising global demand for ferro alloys presents strong export opportunities. 4. Renewable Energy Adoption: Growing emphasis on solar and wind energy could help ferro alloy plants reduce their dependence on costly thermal power. Threats: 1...
...Agarwal developed the international trading business for the VISA Group in minerals and metals including Chrome Ore, Iron Ore, Manganese Ore, Alumina, Ferro Alloys etc. Since 2004, he has built the manufacturing business of the VISA Group from scratch. MS. RITU BAJAJ Independent Director, Chairperson, Audit Committee Ms. Ritu Bajaj, is a Practicing Company Secretary and a Fellow Member of the I...
...Approximately more than 60% of the Company’s raw material requirements such as iron ore lumps, iron ore fines, iron ore pellets, limestone, and manganese ore—are fulfilled through direct procurement from government-regulated mines. This approach enhances transparency, ensures traceability, and promotes Business Responsibility & Sustainability Report ..... (Contd.) ANNUAL REPORT 2024...
...India manufactures more than 85 minerals consisting of lignite, bauxite, chromite, copper ore and concentrates, iron ore, manganese ore, silver, diamond, limestone, phosphorite and others. The key mining states of India include Andhra Pradesh, Jharkhand, Odisha, Rajasthan, Karnataka, Madhya Pradesh and Maharashtra. Government reforms like the Make in India campaign, smart cities, rural electrif...
...India has the fourth largest coal reserves globally, as well as large reserves of iron ore and manganese. (Source: CEOworld, tradingeconomics) Corporate OverviewStatutory ReportsFinancial Statements Annual Report 2022-23 | 21 Best over big Steelcast’s success stems from its focus on being the best at what we do. In a capital-intensive castings business that requires scale and scope, a strong e...
...However, several non-fuel minerals such as iron ore, bauxite, lead, manganese ore and phosphorite recorded positive growth during the year. The demand for key minerals like iron ore and bauxite witnessed a notable increase, driven by rising infrastructure investments and the growing automotive sector, particularly the shift towards electric vehicles (EVs). Additionally, dem...
...Our copper mining service operations in Oman are continuing. Since country has sizable mineral reserves of copper, gold, silver, chromite, lead, CHAIRMAN & MANAGING DIRECTOR'S MESSAGE Annual Report 2023-24 Ü 01 manganese, and zinc etc., we see lot many similar opportunities in future. South West Pinnacle Exploration Ltd. (SWPE) has a distinction of being a complete natural resources explorati...
...The Vizag division produces High Carbon Ferro Chrome with annual capacity of 40,000 Tons. Vizag division uses Chrome Ore and transfer its Output to Hisar and Jajpur Plants of your Company. Total dispatches during the year achieved 28,047 MT, compared to 33,182 MT in the financial year 2022-23. The Vizag Unit also produces the value added special Fer...
...4 Global Li-ion industry The comprehensive lithium-ion (Li-ion) battery industry, encompassing activities ranging from mining to recycling, is forecast to witness an annual growth rate exceeding 30% from 2022 to 2030. By 2030, it is anticipated to achieve a market value surpassing USD 400 billion, with a capacity of 4.7 TWh with mobility application alone account...
...Battery waste management We follow a structured battery waste management strategy to minimise landfill disposal and maximise material recovery. Classified as hazardous, all battery waste is sent to authorised recyclers under strict EPR compliance. Metal and industrial waste management At Matia, Maddur, and Kolkata, we reuse zinc fines and offcuts from battery production, reintegrating recovered...
...7 https://pib.gov.in/PressReleasePage.aspx?PRID=2098447 Indian mining industry Blessed with rich mineral reserves and a diverse resource base, India’s metals and mining sector stands as a cornerstone of the nation’s growth and industrial progress. The country produces an impressive array of 95 minerals, comprising 4 fuels, 10 metallic, 23 non-metallic, 3 atomic, and 55 ...
...Manaksia Ferro Industries Limited Step-down Subsidiaries: a. Mark Steels Limited b. Jebba Paper Mills Limited (Incorporated Outside India) i. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and lil. Give a true and fair view in conformity with the applicable accounting standards, and other accounting principles generally accepted i...
...district, Maharashtra, was conferred the highest distinction of a 7-star rating for exceptional work towards ‘Green Mining’. We hold the distinction of being accorded a 5-star rating for the highest number of mines across all categories of Minerals (Limestone, Iron Ore, Bauxite, Lead Zinc, Manganese) in FY 2023-24, for the second consecutive time. 86UltraTech Cement Limited ESG performance 87In...
...This accreditation qualifies us for future mining opportunities. The future of mining, globally, is moving underground—not only due to the depletion of surface-level deposits but also owing to the lower environmental footprint of underground mines. Open-cast mining, increasingly constrained by ecological concerns, is giving way to sustainable underground exploration. With India’s demand for iro...
...The Indian steel sector is disadvantaged due to limited availability of essential raw material such as high grade Manganese ore & Chromite’s, cooking coal, steel grade limestone, refractory raw material, Nickel, Ferrous Scrap etc. Due to shortage of domestic coking coal, both in terms of quantity and quality, pig iron producers/BF operators in India have to significantly depend on import of cok...
...G-105 by the Indian Railways M-1003 by the Association of American Railroads ISO 9001:2015 Quality Management Systems ISO 14001:2004 Environment Management Systems Certification for Welding as per ISO report Certification for Cast Manganese Steel crossings (Part-I) issued by the Indian Railways CASNUB/CONCOR certification for Bogies (Part-I) issued by Indian Railways Certification for High-Tens...
...Purchase of Stock in Trade Particulars2022-232021-22 Coal 1,844.41 1,893.37 Manganese Ore 868.28 - Steel Products - 402.23 Total 2,712.69 2,295.60 (` in Lakhs) 25. Changes in Inventories of Finished Goods, By-products, Work-in Progress and Stock in Trade Particulars2022-232021-22 Inventories at the end of the period Finished Goods 8,012.62 9...
...DECLARATION OF DIVIDEND & TRANSFER OF AMOUNT TO RESERVES: With a view to plough back profits and in order to conserve resources for operational purposes, Directors do not recommend any dividend. Further, no amount has been transferred to general reserves in the Financial Year 2023-24. 4. CHANGE IN NATURE OF BUSINESS: There has been no change in nature of business of the Comp...
...manufactured goods(A)30,205.31 32,152.20 Traded goods- Cotton Yar n 16,113.58 19,980.06 Knitted Fabric 70.96 398.19 Silico Mangan ese - 772.88 Ferro Manganese 4,115.12 - Calcium Silicat e Blocks 284.04 - Plates 185.49 - TMT Bars 194.5...
...lithium, cobalt, nickel, manganese, etc.) make this a sustainable alternative to conventional Battery Energy Storage Systems (BESS). Successful demonstration of this system could unlock substantial opportunities in the energy storage sector, opening new horizons of growth for the Company. The growth in product order booking was led by finalisation of orders in the renewable energy ...
...Shape the future. (B) Other equity Reserves and surplus As at December 31, 2023 As at December 31, 2022 Capital Reserves [Refer Note (a)] At the beginning and at the end of the year 18 18 Securities premium [Refer Note (b)] At the beginning and at the end of the year 1,695 1,695 General reserve [Refer Note (c)] At the beginning and...
...notes (Contd.) FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 ST MARCH, 2023 All amount in ` in Lakhs, unless otherwise stated Kamdhenu Limited 237 Financial Statements The book value of assets, liabilities and reserves acquired from Transferor Companies were: ParticularAmount Total assets (a) 1,694.01 Total liabilities (including reserves) (b) 3,246.51 Net assets and liabiliti...
...This is tantamount to eating the cake and having it too! In contrast, using the company’s profits or reserves for private purposes implies paying a hefty 35-40% tax on dividend. The second benefit is that listing makes it easy for companies to raise capital for expansion. Importantly, the equity funds raised can be leveraged by appropriate debt capital to magnify the impact...
...TRANSFER TO RESERVES The Reserves and Surplus of your Company has increased to H2,415.45 crore in the year 2024-25 as compared to H2,158.18 crore in the year 2023-24. Your Directors have proposed not to transfer any sum to the General Reserve during the Financial Year 2024-25. SHARE CAPITAL During the year under review, there were no changes...
...The Company reserves the right to restrict the number of questions and/or number of speakers during the AGM, depending upon availability of time and for smooth conduct of the meeting. However, the Company will endeavour to respond to the questions which have remained unanswered during the meeting, over e-mail. 15. E-voting : a) In accordance with the provision...
...170 bps Improvement in EBITDA margin ₹4 6.2 Bn Cash reserves, strengthening internal funding capability FY2025 Highlights: Day 1 Launch of Empa post patent expiry 6.5% Growth in domestic revenue YoY 18.0% Share of Chronic segment Top 50 brands include Clavam, Pan-D, A to Z NS, Uprise D3, Taxim-O, once again Ranked among Top 3 in Anti- infective, VMN...