Mineral production grows by 7.5% in June

Additionally, data released by the Indian Bureau of Mines (IBM) said that the overall growth in mineral production increased by 9% in the first quarter of 2022

August 22, 2022

Among important minerals, the production level of coal reached 669 lakh tonnes and 46 lakh tonnes for Lignite. Bauxite production reached 1950 thousand tonnes

About 13 minerals have shown positive production growth

The production of Natural gas (utilized) reached 2747 million cubic metres, crude petroleum touched 24 lakh tonnes

The government is planning to boost mineral exploration practices in the country's forest areas, after seeing a rise in demand for mineral production

India’s mineral production rose by 7.5% to 113 basis points in June this year, according to the latest data of the index of mineral production of the mining and quarrying sector for June 2022.

Furthermore, the provisional data released by the Indian Bureau of Mines (IBM) said that the overall growth in mineral production increased by 9% in the first quarter of 2022.

Among important minerals, the production level of coal reached 669 lakh tonnes, Lignite reached46 lakh tonnes and Bauxite reached 1950 thousand tonnes.

Additionally Gold reached 85 kg, Chromite 343 thousand tonnes and Copper concentrate was at 10 thousand tonnes. Lead concentrate registered a production of 30 thousand tonnes, Iron ore production reached 201 lakh tonnes, Manganese ore production reached 238 thousand tonnes, and Zinc concentrate recorded production of 142 thousand tonnes. 

The production of Limestone reached 335 lakh tonnes, Phosphorite reached 189 thousand tonnes, Magnesite saw the production of 8 thousand tonnes, and Diamond production reached 44 carats.

On the other hand, the production of Natural gas (utilized) reached 2747 million cubic metres, crude petroleum touched 24 lakh tonnes.

The government is planning to boost mineral exploration practices in the country’s forest areas, after seeing a rise in demand for minerals due to the expansion of the manufacturing industry in the country.

About 13 minerals have shown positive year-over-year growth. These are Diamond by 340%, Gold by 107.3%,  Zinc concentrate by 20.0%, Manganese ore by 19.3%, Magnesite at 16.6%, Bauxite by 8.9%, Chromite by 6.5%, Phosphorite by 41.0%, Coal at 31.1%, Lignite by 28.8%, Lead concentrate by 4.2%, Limestone by 1.6%, and Natural Gas (utilized) at 1.3%.

Recent Articles

India-Indonesia trade reaches US$29.4 billion in FY2023-24

December 23, 2024

India and Indonesia have strengthened their economic partnership, with bilateral …

Read More

India-Kuwait enter a “strategic partnership” during PM Modi’s visit

December 20, 2024

Prime Minister Narendra Modi’s historic visit to Kuwait marked a …

Read More

India’s deep tech sector poised for global leadership: Report

December 19, 2024

According to a new report, India is rapidly emerging as …

Read More