Indian mineral production increases by 2.5 percent in October

Thursday, 29 December 2022 14:46:44 (GMT+3)   |   Kolkata

Indian mineral production increased 2.5 percent year on year in October this year, the ministry of mines said in a statement on Thursday, December 29.

“As per the provisional statistics of the Indian Bureau of Mines, the cumulative growth for the April-October period of 2022-23 over the corresponding period of the previous year is four percent," the mines ministry said in the statement.

Minerals showing positive growth during October 2022 over October 2021 were diamond 375 percent, phosphorite 21 percent, bauxite 15.1 percent, iron ore 8.7 percent, coal 3.5 percent and chromite 1.9 percent.

Minerals registering negative growth during the month were limestone -8 percent petroleum -2.2 percent, natural gas - 4.2 percent, zinc concentrate -5.1 percent, lignite -6.1 percent, lead concentrate -6.7 percent, magnesite -7.9 percent, copper concentrate -8.5 percent, gold -10.1 percent and manganese ore -19 percent.

AjoyDas
Ajoy Das
Editor

I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.

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