Mineral Production goes up by 9.7% in November 2022
COAL & MINING

Mineral Production goes up by 9.7% in November 2022

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%).

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%).

Next Story
Infrastructure Transport

Railways approves major upgrade for Telangana traction lines

The Ministry of Railways has approved the upgradation of the electric traction system in two crucial railway sections — Medchal–Mudkhed (225 km) and Mahbubnagar–Dhone (184 km). The projects, costing Rs 1.93 billion and Rs 1.23 billion respectively, will enhance the electric traction capacity from 1X25 KV to 2X25 KV. The work includes modifications to circuit breakers and switching stations, along with the installation of additional conductors. These routes serve as vital links between Northern and Southern India via Hyderabad. Once completed, the upgraded system will reduce voltage dro..

Next Story
Infrastructure Transport

Adani to invest Rs 425 billion more in Maharashtra’s Dighi Port

The Adani Group has committed to invest an additional Rs 425 billion in the Dighi Port project, located along Maharashtra’s coastal Konkan belt, government officials announced on Monday. Adani Ports and Special Economic Zone (APSEZ)-run Dighi Ports signed a memorandum of understanding (MoU) with the Maharashtra government to undertake the expansion of the port and related infrastructure. This new commitment comes as part of a broader investment initiative by the state. Chief Minister Devendra Fadnavis said the agreement is among 15 MoUs worth over Rs 560 billion signed during the opening d..

Next Story
Infrastructure Transport

HUDCO, JNPA sign Rs 50 billion deal for port development

In a strategic move, the Housing and Urban Development Corporation Ltd (HUDCO) has signed a Memorandum of Understanding (MoU) with the Jawaharlal Nehru Port Authority (JNPA) for an investment of Rs 50 billion to revamp and develop port infrastructure. The non-binding agreement is intended to strengthen cooperation on both existing and upcoming infrastructure projects, with a focus on development, financing, and refinancing of port facilities at the Jawaharlal Nehru Port. The MoU was formalised with the signatures of Sanjay Kulshrestha, Chairman and Managing Director of HUDCO, and Unmesh Shar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?