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Exports: Shenzhen Keycor orders $35m of quartz stones from Chanda Minerals

Fiinews by Fiinews
April 12, 2023
in Exports
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Rajasthan miner to ship glassy quartz, crystal glassy quartz and glassy quartz blocks to China

China’s Shenzhen Keycor Technology Company has entered into an agreement with Rajasthan’s Chanda Minerals and Marbles Pvt Ltd for the purchase of quartz stones worth US$35 million.

An MoU has been signed between both companies to complete the order within a period of one year.

Commenting to the MoU signed between the two, Rahul Chanda, Chairman of Chanda Minerals and marbles Pvt Ltd, said on 11 April 2023, “Our company has received orders for glassy quartz, crystal glassy quartz and glassy quartz blocks from Shenzhen Keycore Company of China.

“This is the biggest order a foreign company has received for quartz stone from a Rajasthan company. China’s Shenzhen Keycor Company will pay Chanda Minerals and Marbles a total of US$35 million for the supply of stone throughout the year in lieu of purchasing its quartz stone.”

This is not the first foreign company with Chanda Minerals and Marbles. Even before this, many domestic and foreign companies have joined hands with Chanda Minerals and Marbles for quartz and granite marbles.

At present, Chanda Minerals and Marbles is working in America and with Hong Kong’s well-known granite and marble company Monica Surface Company Limited, as well as Kerala’s K.M. Trading Co, exporting quartz and granite to China for the last one year.

Chanda Minerals & Marbles, as well as Piramal Reality, a well-known company in India, is supplying the best quality granite marbles to Asia’s biggest Jewar Airport Noida being built by Uttar Pradesh Government and Sobha Reality of Dubai since October 2022 last year.

It is notable that Chanda Minerals and Marbles Private Limited has been mining the world’s best quality quotes and granite marbles since the last year 2020 in Dungarpur, Rajsamand, Udaipur, Bhilwara, Banswara districts of Rajasthan.

The specialty of this quote is that it contains 99.9% silica base, which is rare in the whole world.

At present, the company produces 10,000 metric tons of quartz per month as well as 20,000 metric tons of granite marbles per month and the company is exporting to China, Dubai, Europe, the US and Vietnam along with India.

Chanda Minerals and Marbles Pvt Ltd are one of the largest companies in Rajasthan’s Chanda Group of Companies, which has been working in various types of mines for the last 23 years. fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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