Mineral Production during February 2014 rises by 1.4% y-o-y

The index of mineral production of mining and quarrying sector for the month of February (new Series 2004-05=100) 2014 at 126.3, was 1.4% higher as compared to February 2013. The cumulative growth for the period April- February 2013-14 over the corresponding period of the previous year stands at (-) 1.1%.

The total value of mineral production (excluding atomic & minor minerals) during February 2014 was Rs. 18118 crore. The contribution of coal was the highest at Rs. 6372 crore (35%). Next in the order of importance were: petroleum (crude) Rs. 5354 crore, iron ore Rs.2762 crore, natural gas (utilized) Rs. 1712 crore, limestone Rs. 386 crore and lignite Rs. 519 crore. These six minerals together contributed about 94% of the total value of mineral production in February 2014.

Production level of important minerals in February 2014 were: coal 518 lakh tonnes, lignite 40 lakh tonnes, natural gas (utilized) 2675 million cu. m., petroleum (crude) 29 lakh tonnes, bauxite 1660 thousand tonnes, chromite 321 thousand tonnes, copper conc. 11 thousand tonnes, gold 158 kg., iron ore 130 lakh tonnes, lead conc. 16 thousand tonnes, manganese ore 242 thousand tonnes, zinc conc. 94 thousand tonnes, apatite & phosphorite 157 thousand tonnes, dolomite 593 thousand tonnes, limestone 231 lakh tonnes, magnesite 13 thousand tonnes and diamond 3199 carat.

The production of important minerals showing positive growth during February 2014 over February 2013 include 'iron ore'(27.9%), 'gold' (23.4%), 'chromite' (20.5%), 'diamond' (14.9%),' copper conc.' (14.8%), 'bauxite' (7.5%), 'petroleum (crude)' (1.9%), 'manganese ore' (1.8%) and 'coal' (0.8%). The production of other important minerals showing negative growth are: 'limestone' and 'dolomite' [(-) 2.5%] each, 'lead conc.' [(-) 3.7%], 'natural gas (utilized)' [(-) 5.0%], 'lignite' [(-) 5.2], 'magnesite' [(-) 17.7%], 'apatite & phosphorite' [(-) 31.0%] and 'zinc conc.' [(-) 31.8%]

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