Listing Details : LB-21568

Asking Price 70 Crs
Turnover 100 Crs
Legal Entity Partnership-LLP
Category Mining
Sub Category Granite & Marble Mining
Business Listed By Business Broker

Overview

A Black Quartz (Silica Black Stone) Mining Project is available for sale in Andhra Pradesh. Established in 2020, the mine is spread across approximately 130 acres and is fully approved by the AP Government. The mining lease is valid up to 2042 and is extendable and transferable up to 2052, offering strong long-term operational potential for investors and mining companies. The mine contains an estimated reserve of around 54 lakh tons of Silica Black Stone, making it a high-potential natural resource asset. Approximately 10% of the reserve has been excavated so far. The project achieved an annual turnover of around INR 70 Crore during its operational phase, reflecting strong market demand and commercial viability. Currently, the mine has not been operational for the last three years, presenting an excellent opportunity for revival and expansion. With substantial reserves, government approvals, and long-term lease security, this project is suitable for mining operators, infrastructure companies, and strategic investors seeking entry into the mineral and silica stone sector.

Year of Establishment

2020

No. of Employees

50

Current Status of Business

Others

Business Relocatable

Yes

Property Type

Leased

Rental per Month

N.A

Describe Property

N.A

Competition / Market

High demand quartz

Products & Services

Black Silica Quartz Mine

Growth Potential

Very high

Reason For Sale

Lack of fund and health issue

Financial Details

Listing Details : LB-21568

Asking Price 70 Crs
Turnover 100 Crs
Legal Entity Partnership-LLP
Category Mining
Sub Category Granite & Marble Mining
Business Listed By Business Broker

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