Here, the potential of laser-induced breakdown spectroscopy (LIBS) in grading calcareous rocks for the lime industry was investigated. In particular, we developed a system equipped with non-intensified detectors operating in scanning mode, defined a suitable data acquisition protocol, and implemented quantitative data processing using both partial least squares regression (PLS-R) and a multilayer perceptron (MLP) neural network. Tests were carried out on 32 samples collected in various limestone quarries, which were preliminarily analyzed using traditional laboratory X-ray fluorescence (XRF); then, they were divided into two groups for calibration and validation. Particular attention was dedicated to the development of LIBS methodology providing a reliable basis for precise material grading. The congruence of the results achieved demonstrates the capability of the present approach to precisely quantify major and minor geochemical components of calcareous rocks, thus disclosing a concrete application perspective within the lime industry production chain.