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India's mineral production grows 6% YoY in Jan 2024
Photo Courtesy: Unsplash

India's mineral production grows 6% YoY in Jan 2024

| @indiablooms | 21 Mar 2024, 12:14 am

New Delhi: India’s mineral production of the mining and quarrying sector grew by 5.9% for the month of January, 2024 compared to the month of January, 2023.

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.   

The production levels 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.

According to the data, production of Chromite stood at 251 thousand tonne, Copper conc. 12.6 thousand tonne, Gold 134 kg, Iron ore 252 lakh tonne, Lead conc. 34 thousand tonne.

The country produced Manganese ore 304 thousand tonne, 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%).

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