Business For Sale

Non-Operational Black Quartz Mine for Sale in Kanigiri

A Black Quartz (Silica Black Stone) Mining Project is available for sale in Andhra Pradesh. Established in 2020, the mine is spread across approximately 130 acres and is fully approved by the AP Government. The mining lease is valid up to 2042 and is extendable and transferable up to 2052, offering strong long-term operational potential for investors and mining companies. The mine contains an estimated reserve of around 54 lakh tons of Silica Black Stone, making it a high-potential natural resource asset. Approximately 10% of the reserve has been excavated so far. The project achieved an annual turnover of around INR 70 Crore during its operational phase, reflecting strong market demand and commercial viability. Currently, the mine has not been operational for the last three years, presenting an excellent opportunity for revival and expansion. With substantial reserves, government approvals, and long-term lease security, this project is suitable for mining operators, infrastructure companies, and strategic investors seeking entry into the mineral and silica stone sector.

KanigiriAndhra Pradesh
Mining Category
Granite & Marble Mining Sub Category
Business Broker Business Listed By

Overview

A Black Quartz (Silica Black Stone) Mining Project is available for sale in Andhra Pradesh. Established in 2020, the mine is spread across approximately 130 acres and is fully approved by the AP Government. The mining lease is valid up to 2042 and is extendable and transferable up to 2052, offering strong long-term operational potential for investors and mining companies. The mine contains an estimated reserve of around 54 lakh tons of Silica Black Stone, making it a high-potential natural resource asset. Approximately 10% of the reserve has been excavated so far. The project achieved an annual turnover of around INR 70 Crore during its operational phase, reflecting strong market demand and commercial viability. Currently, the mine has not been operational for the last three years, presenting an excellent opportunity for revival and expansion. With substantial reserves, government approvals, and long-term lease security, this project is suitable for mining operators, infrastructure companies, and strategic investors seeking entry into the mineral and silica stone sector.

Leased Mining Granite & Marble Mining

Business Details

2020 Year of Establishment
50 No. of Employees
Others Current Status of Business
YesBusiness Relocatable
LeasedProperty Type
N.A Rental per Month

Describe Property

N.A

Competition / Market

High demand quartz

Products & Services

Black Silica Quartz Mine

Growth Potential

Very high

Reason For Sale

Lack of fund and health issue

Financial Details

EBITDA :- N.A PAT :- N.A Debt :- N.A

How the Acquisition Process Works

  1. 01Contact SellerContact Seller
  2. 02Teaser/Information MemorandumTeaser/Information Memorandum
  3. 03Valuation ReportValuation Report
  4. 04FinancialsFinancials
  5. 05Schedule an Advisory MeetingBook Your Consultation

Keywords

Mining business opportunity for sale in Andhra Pradesh, Mining business for sale in Andhra Pradesh, Acquire Mining business for sale in Kanigiri, Buy Mining business in Andhra Pradesh, Purchase Mining business for sale in Andhra Pradesh

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