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Overall Mineral Production Increases by 13 % in October 2023

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Ten Important Minerals Indicate Positive Growth

With 67% Growth in Production, Iron Ore Value Goes up from Rs.3518 crore to Rs.8411 crore

The index of mineral production of mining and quarrying sector for the month of October, 2023 (Base: 2011-12=100) at 127.4, is 13.1 % higher as compared to the level in the month of October, 2022. As per the provisional statistics of Indian Bureau of Mines (IBM), the cumulative growth for the period April- October, 2023-24 over the corresponding period of the previous year is 9.4 % per cent.

Production level of important minerals in October, 2023 were: Coal 786 lakh, lignite 35 lakh, Petroleum (crude) 25 lakh, Iron ore 243 lakh, Limestone 362 lakh tonne each, Natural gas (utilized) 3110 million cu. m., Bauxite 1794 thousand, Chromite 101 thousand, Copper conc. 9 thousand, Lead conc. 32 thousand, Manganese ore 223 thousand, Zinc conc 143 thousand, Phosphorite 94 thousand and Magnesite 10 thousand tonnes each and Gold 116 kg.

Important minerals showing positive growth during October, 2023 over October, 2022 include: Iron Ore (66.8%), Manganese Ore (33.1%), Gold (19.6%), Coal (18.5%), Limestone(14%), Zinc Conc.(10%), Natural gas (U) (9.9%), Magnesite (6.7%), Lead Conc.(4.7%) and Petroleum(crude) (1.3%) and Other important minerals showing negative growth include: Lignite(-0.8%) Copper Conc.(-4.6%) , Bauxite (-13.3%), Chromite (-24.2%), and Phosphorite (-38.6%),

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