India: SMIORE's iron ore output rises 14% in FY'26

• Sandur Manganese and Iron Ores Limited (SMIORE) recorded iron ore production of 4.35 mnt in FY'26, a y-o-y rise by 14% against 3.81 mnt in FY'25. Q4 output stood at 1.26 mnt (11.4% higher q-o-q) this year.
• Iron ore sales rose 2.2% y-o-y to 4.1 mnt in FY'26 against 4.01 mnt last year. Volumes rose 58% q-o-q to 1.51 mnt in Q4FY'26.
• Iron Ore- price realisations remained largely firm at INR 2,834/t y-o-y.