Mineral Production goes up by 9.7% in November 2022

20 Jan 2023 CW Team

With a value of 105.8, the mining and quarrying sector's index of mineral production is 9.7% higher in November 2022 than it was in November 2021. According to Indian Bureau of Mines (IBM) preliminary statistics, the total rise from April through November 2022–23 over the same period in the previous year is 4.7%.

Production levels of significant minerals in November 2022 were as follows: Coal 761 lakh tonnes, Lignite 32 lakh tonnes, Natural gas (utilised) 2779 million cu. m., Petroleum (crude) 24 lakh tonnes, Bauxite 2228 thousand tonnes, Chromite 243 thousand tonnes, Copper conc. 9.5 thousand tonnes, Gold 132 kg, Iron ore 231 lakh tonnes, Lead conc.

Diamond (87%), Phosphorite (68%), Bauxite (30%), Iron Ore (19%), Coal(12%), Limestone (8.6%), and Manganese Ore (18.5%) are significant minerals that have increased in value from November 2021 to November 2022. Petroleum (-1%), natural gas (U) (-0.7%), and other significant minerals all exhibit negative growth. Gold (-0.8%), Chromite (-6%), Copper concentrate (-4.1%), Lead concentrate (-1.9%), and Lignite (-1.3%).

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