The only grey granite mine of Uruguay is for sale! The actual concessionist made a bad investment with his earnings and does not have the capital needed to renew the machinery.

The well known uruguayan auctionists Iocco estimated the mine in 45 million USD, based on geological studies. The actual concession is valid til 2018, with an automatic renewal for 30 years more. There are also contracts with chinese buyers for 10 years, with an automatic renewal for another 10 years.

The production was stopped approx. one year ago. (The mentioned contracts are still valid.) Until the stop, the mine produced six ship loads of granite per year, each of them leaving profits of approx. 300.000 USD.

For 2.350.000 USD the mine and its company can be acquired, free of debts and other obligations. The necessary investment to actualize the machinery is approx. 1.000.000 USD. Interested investors can have a personal look at alle the papers and documentation.

As it is well known, non-renewable resources are getting more and more scarce worldwide. The demand is higher than the offer. This is also true for granite. The sale of the mine's production is secured, no matter what the volume the productuion may be and independent of the mentioned contracts.