Hard Mineral Mining Business Investment Opportunities

The business focuses on coal exploration, currently in the green phase of a new project, and is in the pre-revenue stage. - A site of 48,000 hectares has been identified, with confirmed coal occurrences and plans to procure the estimated viable portion after exploration. - The western portion of the site also shows promise for copper mining, diversifying potential revenue streams. - The project requires initial investment to proceed with exploration activities. - The business is led by a group currently engaged in the construction industry, leveraging their expertise for successful project execution. - Drilling work is ongoing, which is essential for gathering more detailed geological data and assessing the site’s potential. - The company operates through subcontractors for drilling operations, ensuring efficiency and expert oversight, guided by a geology exploration company. - The business will monetize these proven mineral resources through direct sales, partnerships, and licensing, once the project moves past the exploration phase. - An exploration license has been secured, affirming the business's legal ability to conduct mineral exploration in the designated area.

Recently establishes mining company in Jamshedpur. - Decent growth rate in the last few months. - Our products are purchased by factories, crushers, and other industrial companies. - Production capacity of 10,000 MT per day and we sell at INR 2,000 per CFT to our clients. - Status of the mine: G. O Approved by Mines & Geology Dept for a period of 5 years. - Source of mine: 9 million MT. - Type of the minerals: Sand Ghar and black stone. - We are also a supplier of rom coal to power plants and steel plants. - Promoters has 6 years of experience in the mining industry. - The company has 2 directors with equal shareholding and has no debts or liabilities.