Domestic mineral production grew 6.4% year-on year in May, the mines ministry said on Tuesday.
“The index of mineral production of mining and quarrying sector for the month of May, 2023 at 128.1, is 6.4% higher as compared to the level during May, 2022,” the ministry said in a statement.
The cumulative growth for April 2022-May 2023 was 5.8% over the corresponding period of the previous financial year, according to provisional figures of the Indian Bureau of Mines.
Among the notable minerals that witnessed a surge in production levels during May were coal (762 lakh tonne), lignite (35 lakh tonne), petroleum (crude) (25 lakh tonne), iron ore (253 lakh tonne), limestone (387 lakh tonne), natural gas (utilized) 2838 million cu. m, bauxite (23,86,000 tonne), chromite (37,20,00 tonne), copper conc. (9,000 tonne), lead conc. (33,000 tonne), manganese ore (3,29,000 tonne), zinc conc. (1,33,000 tonne), phosphorite (1,400,00 tonne), and magnesite (11,000 tonne) each and gold 97 kg.
Also, important minerals showing positive growth during May, 2023 over May, 2022 include: manganese ore (40.4%), magnesite (28.2%), copper conc. (24.4%), chromite (16.3%), iron ore (13.6%), limestone(10.1%), lead conc. (9.7%), coal (7%), bauxite (4.8%) and zinc conc.(2.9%).
At the same time, other important minerals showing negative growth include: natural gas (U)(0.3%), petroleum (crude) (-1.9%), phosphorite (-6.3%) and lignite (-17.7%).
Source: Hellenic Shipping News
