Mineral Production in the Country Grows by 5.9% During January 2024

by Psu Connect
Date: 20-03-24

The mineral production index of the mining and quarrying sector was 144.1 in January 2024 (base year: 2011-12=100), which is 5.9% higher than January 2023.

Mineral Production in the Country Grows by 5.9% During January 2024

As per the provisional statistics of the Indian Bureau of Mines (IBM), the cumulative growth for the period April- January. 2023-24 over the corresponding period of the previous year is 8.3 %percent.

Production level of important minerals in JANUARY, 2024 were: Coal 998 lakh tonne, Lignite 41 lakh tonne, Natural gas (utilized) 3073 million cu. m., Petroleum (crude) 25 lakh tonne, Bauxite 2426 thousand tonne, Chromite 251 thousand tonne, Copper conc. 12.6 thousand tonnes, Gold 134 kg, Iron ore 252 lakh tonne, Lead conc. 34 thousand tonnes, Manganese ore 304 thousand tonnes, Zinc conc. 152 thousand tonne, Limestone 394 lakh tonne, Phosphorite 109 thousand tonne, and Magnesite 13 thousand tonne.

Important minerals showing positive growth during JANUARY, 2024 over JANUARY, 2023 include Magnesite (90.1%), Copper Conc. (34.2%), Coal (10.3%), Limestone(10%), Bauxite (9.8%), Manganese Ore (7.8%), Natural gas (U) (5.5%), Lead Conc. (5.2%), Iron Ore (4.3%), Lignite(3.6%), Zinc Conc. (1.3%), and Petroleum(crude) (0.7%). Other important minerals showing negative growth include Gold (-23.4%), Chromite (-35.2%), and Phosphorite (-44.4%).