India's Apr 2022- Feb 2023 mineral production rises 5.7% y-o-y
New Delhi/IBNS: India’s index of mineral production of the mining and quarrying sector for the month of February 2023 stood at 129.0, up 4.6% as compared to the level of February 2022,
As per the provisional figures of the Indian Bureau of Mines (IBM), the cumulative growth for the period April- February 2022-23 over the corresponding period of the previous year stood at 5.7 percent.
The production levels of important minerals in February 2023 were: Coal 861 lakh tonnes, Lignite 41 lakh tonnes, Natural gas (utilized) 2595 million cu. m., Petroleum (crude) 22 lakh tonnes, Bauxite 1995 thousand tonnes, Chromite 330 thousand tonnes, Copper conc. 9 thousand tonnes, Gold 9 kg.
Iron ore production during the month of February stood at 245 lakh tonnes, Lead conc.31 thousand tonnes, Manganese ore 278 thousand tonnes, Zinc conc. 144 thousand tonnes, Limestone 336 lakh tonnes, Phosphorite 183 thousand tonnes, Magnesite 10 thousand tonnes and Diamond 17 carat.
Important minerals showing positive growth during February 2023 over the previous year include: Phosphorite (60.2%), Coal (8.3%), Iron Ore (7.4%), Lead conc (7.3%), Natural Gas (3.2%), Zinc Conc (1.1%), Limestone (0.9%) and Copper Conc (0.5%).
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles
CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.
JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.
LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).
De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Latest News
KL Rahul slams century, India take comfortable lead over West Indies
Sonam Wangchuk's wife moves Supreme Court challenging activist's detention under NSA
India will never allow any humiliation: Putin praises 'balanced and wise leader' Modi slamming US tariffs
Ontario cinema cancels Kantara, They Call Him OG shows after arson, shooting
