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The index of mineral production of mining and quarrying sector was 5% higher in February 2016 over February 2015

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Capital Market
Mineral Production during February 2016 (Provisional) The index of mineral production of mining and quarrying sector for the month of February (new Series 2004-05=100) 2016 at 136.1, was 5% higher as compared to February 2015. The cumulative growth for the period April- February 2015-16 over the corresponding period of previous year stands at (+) 2.4%.

The total value of mineral production (excluding atomic & minor minerals) in the country during February 2016 was Rs. 19995 crore. The contribution of Coal was the highest at Rs. 8662 crore (43%). Next in the order of importance were: Petroleum (crude) Rs. 5266 crore, Natural gas (utilized) Rs. 2063 crore, Iron ore Rs. 1945 crore, Lignite Rs.705 crore and Limestone Rs. 512 crore. These six minerals together contributed about 96% of the total value of mineral production in February 2016.

 

Production level of important minerals in February 2016 were: Coal 601 lakh tonnes, Lignite 51 lakh tonnes, Natural gas (utilized) 2495 million cu. m., Petroleum (crude) 29 lakh tonnes, Bauxite 1827 thousand tonnes, Chromite 350 thousand tonnes, Copper conc. 12 thousand tonnes, Gold 101 kg., Iron ore 164 lakh tonnes, Lead conc. 21 thousand tonnes, Manganese ore 171 thousand tonnes, Zinc conc. 90 thousand tonnes, Apatite & Phosphorite 57 thousand tonnes, Limestone 260 lakh tonnes, Magnesite 22 thousand tonnes and Diamond 4153 carat.

The production of important minerals showing positive growth during February 2016 over February 2015 include ''Iron ore' (54.8%), 'Chromite' (43.9%), 'Diamond' (41.0%), 'Bauxite' (37.4%), 'Copper conc.' (20.2%), 'Lignite' (9.2%), 'Lead conc. (9.0%), 'Magnesite' (8.6%), 'Limestone' (7.0%), 'Coal' (3.7%), 'Natural gas (utilized)' (1.7%), and 'Petroleum (crude)' (0.8%). The production of other important minerals showing negative growth are: 'Apatite & Phosphorite' [(-) 78.5%], 'Zinc conc.' [(-) 34.4%], 'Gold' [(-) 24.6%], and 'Manganese ore' [(-) 20.8%].

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First Published: Apr 26 2016 | 11:13 AM IST

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