Asking Price | 50 Crs |
Turnover | 10 Crs |
Legal Entity | Private Limited |
Category | Mining |
Sub Category | Minerals |
Business Listed By | Business Owner |
Mine in Madhya Pradesh of size 6.607 Hectares of which 3.120 Hectares is mineralized with Manganese Ore (Major); Dolomite (Minor). Mine is operative since 2017 and lease period is upto 14h May 2057. From 2017 to 2022, ~29,483MT of Mn Ore and ~12,005MT of Dolomite has been extracted. Direct costs and Indirect Costs of mining amounts to ~72% & 27% of revenue earned respectively. The business has made profits with only 3 proper years of production in the last 5-6 years of mine being operative. Manganese Ore indicated mineral reserves of ~205,159 MT worth ~ 299.06 crores based on last 12 months average sales realization (ASR) of 14,577/MT. Dolomite indicated mineral reserves of ~136,090 MT worth ~2.04 crores based on an average sales realization (ASR) of 150/MT. Existing infrastructure and facilities with a current book value of ~3.15 crores.
2017
50
Running Profitable
No
Leased
N.A
6.607 Hectares
Competitive
Manganese Ore Mines
Huge
Technical
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Asking Price | 50 Crs |
Turnover | 10 Crs |
Legal Entity | Private Limited |
Category | Mining |
Sub Category | Minerals |
Business Listed By | Business Owner |