Overall Mineral Production Increases by 6.4% in May, 2023

The Mining and Quarrying Production Index for May 2023 (Base: 2011-12=100) at 128.1, is 6.4 percent higher than the May 2022 level. According to interim data from the Indian Bureau of Mines (IBM), the cumulative growth for April-May 2022-23 over the corresponding period a year earlier is 5.8 percent.

Production level of major minerals in May 2023 was: coal 762 lakh, lignite 35 lakh, petroleum (crude) 25 lakh, iron ore 253 lakh, limestone 387 lakh tons each, natural gas (used) 2838 million cu. m, bauxite 2386000, chromite 372000, copper conc. 9000, lead conc. 33000, manganese ore 329000, zinc conc. 133000, phosphorite 140000 and magnesite 11000 tons each and gold 97 kg.

Notable minerals showing positive growth in May 2023 compared to May 2022 include: manganese ore (40.4%), magnesite (28.2%), copper concentration. (24.4%), chromite (16.3%), iron ore (13.6%), limestone (10.1%), lead concentration (9.7%), coal (7%), bauxite (4.8%) and zinc concentration (2.9%). At the same time, other major minerals showing negative growth include: natural gas (U) (0.3%), petroleum (crude) (-1.9%), phosphorite (-6.3%) and lignite (-17.7%),

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FROM/RKP