An iron ore mining project, established in 2024, is seeking strategic investment. The mine spans 100 acres and is duly leased from the Karnataka State Government, with lease validity secured until 2067, ensuring long-term operational stability. The project operates under an 18% royalty structure payable to the Government of Karnataka. All necessary certifications, licenses, NOCs, and Environmental Clearance (EC) are in place, confirming full regulatory compliance. The mine has an approved production capacity of 2 lakh tons per month, positioning it for strong and scalable output. The extracted iron ore is targeted for steel and iron applications, serving core industrial demand. The operation is supported by a network of experienced vendors handling sorting and extraction activities, along with a dedicated workforce of 10 employees. An investment of ₹30 crore is required, primarily allocated toward operational expenses to optimize production efficiency and accelerate growth. This opportunity offers investors entry into a compliant, high-capacity mining venture with long-term potential.

Iron ore mine and steel plant

N.A

Huge demand as alternative for steel scrap for induction furnaces and coolant for Blast Furnaces

Iron ore Minerals and Sponge Iron

100 percent growth and shortage of supply as demand exceed abnormal in steel sector

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