Quartz and Mica Mining Company is Seeking Funds

A quartz and mica mining venture based in Udaipur is seeking investment to scale operations and meet increasing demand. The business operates on a 5-hectare leased mining site, producing high-grade quartz—categorized into Snow White and Super qualities—alongside mica. Current daily output stands at approximately 40 tonnes of quartz. The Snow White variety fetches ₹4,200 per tonne, Super grade at ₹2,800 per tonne, and mica at ₹14/kg. Operational costs include equipment usage (L\&T and Hydra), blasting, labor, and miscellaneous expenses, totaling around ₹57,000 per day. Monthly operations typically run 25 days, resulting in estimated sales of ₹28 lakhs with a projected profit margin of approximately ₹13.75 lakhs. One-time investments for essential machinery, such as a Kirloskar alternator and Texmo motor, along with pipe installations and daily tractor rentals, are required to sustain and enhance operations. Production levels may vary depending on vein consistency, but the venture promises high returns with the right financial backing, offering an attractive opportunity for investors in the mining sector.