Specialty Mining Business Assets for Sale in Kalahandi, India

For Sale: Mines with rich reserves of Manganese in Kalahandi area on a 50-acre land.

Ownership Duration
Industries Specialty Mining
Locations  Kalahandi
Local Time 12:36 PM India
Listed By Business Owner / Director
Status Active
Overall Rating
Asset Sale
Asking Price: USD 1.4 million (Native Currency: INR 100,000,000)
Reason: Promoter has difficulty and does not intend to run this anytime.
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Assets Description

- Manganese mines with 50-70% purity minimum on surface quality and purity.

- The mines is spread across a 50-acre land (2,42,000 square yards) which has high yield and has superior quality of ore.

- It is located in Kalahandi district of Odisha.

- Mines has 70% of manganese and 30% of mixed minerals in it.

- Mines has been taken on lease for 26 years and is extendable.

- The mines is not operational and is unutilized.

- The business has great potential and the buyer can supply minerals to places all across the world.

- Company has successfully received almost all certifications and approvals from the government.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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