Nonferrous Metal Mining Business Investment Opportunity in Vizianagaram, India
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | General Partnership |
Reported Sales | USD 940 thousand |
Run Rate Sales | USD 710 thousand |
EBITDA Margin | 15 % |
Industries | Nonferrous Metal Mining |
Locations | Visakhapatnam + 1 more |
Local Time | 11:37 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Recently Active |
- Top-selling product: Quartzite lumps sized between 10 mm and 80 mm, catering to major industry players.
- Established vendor relationships with industry leaders like SAIL, Vedanta, Jindal Steels and Power, Tata Steels, and NMDC Steels.
- Strong customer base with over 15 active clients, ensuring diversified revenue streams.
- Equipped with in-house crushers and mining machinery, enhancing operational efficiency and reducing dependency on third-party services.
- Significant operational longevity with estimated reserves promising a mine life of 330 years.
- Sales were impacted temporarily by a government-imposed halt on mining activities for 3 months during elections.
- Environmentally compliant, holding both an environmental certificate and a Pollution Control Board license.
- Quartzite lumps, ranging from sizes 10 mm to 80 mm.
We are vendors for SAIL, Vedanta, Jindal Steels and Power, Tata Steels and NMDC Steels.
100 acres land worth INR 50 crores.
Has leased a 40.065-hectare quartzite mine in Vizianagaram district. The lease is valid for 100 years and is renewed every 20 years.
Pays an annual rent of INR 10 lakh and INR 10 lakh for other approvals and licenses.
The business has 2 partners with equal shares.
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2 weeks, 1 day agoIndependent Advisor, Chennai, Financial Consultant connected with the Business
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Earlier than 15 daysManaging Director, Bag Manufacturer, Salem, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business