Mining and Exploration

With a view to secure resources for the long term, the group has been focusing on investment in the fields of exploration and Mining, Beneficiation, Processing and trading in Mineral Resources. We are presently performing mining operation and doing exploration work in various countries focusing mainly on Manganese and Chrome Ore. We have a fully equipped mineral exploration department with a team of highly skilled professional and a fleet of modern drilling machines and other exploration equipments. In the last few years, there has been increased investment in the mining and exploration sector within our portfolio. The exploration projects are currently spread over various locations in Indian & abroad.

Additionally, we are also eyeing the prospects of inorganic growth through the acquisition of greenfield/brownfield mining projects, by collaborating with existing licence holders for mining rights and the rehabilitation of abandoned mines. Presently we are exploring the mines in India, Turkey, Ethiopia and other countries and the projects are in various stages of exploration. We are currently exploring for Manganese, chrome, Coal, Limestone, Iron Ore and other base metals in these countries. Our main aim is to acquire Brownfields and Greenfields, convert green fields into brownfields, undertake mining operations to extract the minerals and export to various countries where these minerals are in demand. We have a long term perspective to undertake this business and we want to contribute actively in the economy of the country wherever we are working.

Presently we are actively involved in production of Manganese Ore in turkey, where we have acquired mining rights in various parts of turkey. We have one mine of Manganese Ore with total area of 951 Hectares where the production is being undertaken and in addition to this we have also acquired mine with Copper Ore and the area is approximately 2000 Hectares. Further exploration is being undertake for acquisition of another 5000 Hectare area for Chrome and Manganese mining.