The mineral production index for the mining and quarrying sector in January 2024, based on 2011-12 as the base year, reached 144.1, marking a 5.9% increase compared to January 2023, according to provisional statistics released by the Indian Bureau of Mines (IBM).
Cumulatively, from April to January of the fiscal year 2023-24, there has been an 8.3% growth compared to the corresponding period of the previous fiscal year, the IBM data revealed.
In January 2024, notable mineral production levels were recorded as follows: Coal - 998 lakh tonnes, Lignite - 41 lakh tonnes, Natural gas (utilized) - 3073 million cubic meters, Petroleum (crude) - 25 lakh tonnes, Bauxite - 2426 thousand tonnes, Chromite - 251 thousand tonnes, Copper concentrate - 12.6 thousand tonnes, Gold - 134 kilograms, Iron ore - 252 lakh tonnes, Lead concentrate - 34 thousand tonnes, Manganese ore - 304 thousand tonnes, Zinc concentrate - 152 thousand tonnes, Limestone - 394 lakh tonnes, Phosphorite - 109 thousand tonnes, and Magnesite - 13 thousand tonnes.
Several important minerals exhibited positive growth during January 2024 compared to January 2023, including Magnesite (90.1%), Copper concentrate (34.2%), Coal (10.3%), Limestone (10%), Bauxite (9.8%), Manganese ore (7.8%), Natural gas (utilized) (5.5%), Lead concentrate (5.2%), Iron ore (4.3%), Lignite (3.6%), Zinc concentrate (1.3%), and Petroleum (crude) (0.7%). However, Gold (-23.4%), Chromite (-35.2%), and Phosphorite (-44.4%) experienced negative growth during the same period.
Follow us
