Mining & Mineral Trading Business For Sale In Balaghat
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About Business
A mining and mineral trading business engaged in the extraction of manganese ore and the import and export of mineral raw materials. The business operates a manganese ore mine in Madhya Pradesh and also deals in minerals such as nickel, cobalt, and dolomite.
Products & Services
- Manganese ore
- Nickel
- Cobalt
- Dolomite
- Import and export of mineral raw materials
Business Highlights
- Established in 1998 with operations in mining and mineral trading. Got registered in 2011 as a private limited.
- Operates a 5.97-hectare manganese ore mine with an ore grade of approximately 42% MnO and estimated reserves of around 150,000 MT.
- The operational mine has a production capacity of approximately 700 MT per month and is currently operating at around 75% of its capacity.
- The mining lease is valid until 2059.
- Holds valid Consent to Establish (CTE), Consent to Operate (CTO), an approved Mining Plan, and all other required statutory approvals.
- Has no outstanding government dues, with royalty, DMF, and dead rent being paid regularly.
- Owns an additional 4.11-hectare mining lease that is currently non-operational due to pending compliance requirements, which are expected to be completed within approximately six months.
Clientele type
Steel manufacturers, ferroalloy producers, battery and chemical manufacturers, mineral traders, exporters, and industrial raw material distributors across India
Premises
OWNED
Premise Size: 15 acres
Market Value (in INR): 10.00 Cr
All the land is privately owned by the business.
Asking Price Includes
The entire business, along with the existing mining rights.
Reason
The promoters are involved in multiple business ventures and are therefore exploring an exit from this business. They are also open to discussing other transaction structures with interested parties.
Licenses
GST AND IEC
Keywords
Business Tags
Business Exit for ₹10 Cr – 200 Cr
Structured Transition Completed in 120 Days
Credible Buyer Connections, Confidential Discussions, and Seamless Closure
Supported by Advisors with 26+ Years of Experience
