Sarda Energy & Minerals’ wholly owned subsidiary -- Sarda Metals & Alloys has been declared as preferred bidder for Avagudem Expired Manganese Mining Lease Block in District Vizianagaram, Andhra Pradesh. The Mine has estimated total geological reserves of 0.70 million tons of Manganese Ore.
Sarda Energy & Minerals (SEML) is one of the lowest cost producers of steel (sponge iron, billets, ingots, TMT bars) and one of the largest manufacturers and exporters of ferro alloys in India.