A newly established Bauxite Mining company, founded in 2025, is seeking an investment of ₹10 crore for initiating full-scale mining operations. The project spans across 1,207 acres of land, duly approved by the Government of Chhattisgarh. The mine holds rich deposits of high-grade Bauxite, with additional possibilities of Vanadium and Galenium as per preliminary geological assessments. The Geological Survey of India has conducted a survey on 300 acres out of 1207 Acre, estimating a potential reserve of 10 million tons of Bauxite. The company already holds the mining license, and other operational approvals such as Environmental Clearance (EC) and Forest Department approvals are expected to be completed within 9–12 months. Currently Assets include 4 excavators, heavy vehicles, and other mining equipment, with a capital expenditure of ₹3 crore already invested. The required funds will be utilized to initiate mine operations, procure additional machinery, and streamline logistics. The company is offering a 49% equity dilution to strategic investors looking to participate in this promising venture within India’s rapidly growing mineral sector.

N.A

High

Bauxite Mine, Vanadium, Galenium

Very High

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