Mineral production index goes down 0.3% in June 2015

Mineral production index goes down 0.3% in June 2015

The total value of mineral production - excluding atomic and minor minerals - in the country during June 2015 stood Rs.18194 crore.

Source: PIB, Government of India

The mineral production index of mining and quarrying sector for June was 0.3% lower as compared to the same period last year.  The cumulative growth for the period April- June 2015-16 over the corresponding period of previous year stands at (+) 0.7%. The total value of mineral production (excluding atomic & minor minerals) in the country during June 2015 was Rs.18194 crore. The contribution of coal was the highest at Rs. 6662 crore (37%). Next in the order of importance were: petroleum (crude) Rs.5636 crore, iron ore Rs.1847 crore, natural gas (utilized) Rs.2164 crore, lignite Rs.516 crore and limestone Rs.490 crore. These six minerals together contributed about 95% of the total value of mineral production in June 2015. Production level of important minerals in June 2015 were: coal 465 lakh tonnes, lignite 39 lakh tonnes, natural gas (utilized) 2617 million cu. m., petroleum (crude) 31 lakh tonnes, bauxite 1524 thousand tonnes, chromite 220 thousand tonnes, copper conc. 10 thousand tonnes, gold 100 kg., iron ore 106 lakh tonnes, lead conc. 21 thousand tonnes, manganese ore 173 thousand tonnes, zinc conc. 130 thousand tonnes, apatite & phosphorite 171 thousand tonnes, limestone 249 lakh tonnes, magnesite 18 thousand tonnes and diamond 2678 carat. The production of important minerals showing  positive growth during June 2015 over June 2014 include ‘apatite & phosphorite’ (205.6%), ‘chromite’ (43.6%), ‘lead conc.’ (41.3%), ‘zinc conc.’ (27.5%), ‘copper conc.’ (13.7%), ‘limestone’ (3.4%) and ‘coal’ (2.2%). The production of other important minerals showing negative growth are: ‘petroleum (crude)’ [(-) 0.8%], ‘iron ore’ [(-) 5.9%], ‘natural gas (utilized)’ [(-) 7.4%], ‘lignite’ [(-) 8.7%], ‘bauxite’ [(-) 10.0%], ‘manganese ore’ [(-) 13.8%], ‘magnesite’ [(-) 24.7%], ‘gold’ [(-) 27.5%] and ‘diamond’ [(-) 31.9%].  

August 17, 2015 | 6:10pm IST.

The Dollar Business Bureau - Aug 17, 2015 12:00 IST