Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
India's mineral output increased by 8% in February compared to the same month last year, the government announced on Thursday. In February 2024, the mining and quarrying sector's index of mineral production increased by 8% over the same month the previous year.
The Indian Bureau of Mines (IBM) released provisional numbers for the April–February period of 2023–24 that show an 8.2% cumulative gain over the same time the previous year, according to the Ministry of Mines.
According to the report, February produced 966 lakh tonnes of coal, 42 lakh tonnes of lignite, 2,886 million cubic metres of natural gas, and 23 lakh tonnes of crude petroleum.
Gold, copper concentrate, bauxite, chromite, phosphorite, limestone, and coal are among the minerals that have shown favourable growth.
"Other important minerals showing negative growth include iron ore and lead conc," the statement added.
Also Read : ICG signs MoU with private sector for manufacturing & supply of indigenous marine-grade aluminium for construction of ships Ministry of mines charts bold agenda at 63rd CGPB meeting
· Despite CM’s directive, BSPL project preparation continues in Koppal, sparking...
Business 06-Mar-2025
Power consumption in the country increased by roughly 8% year on year to 1,221.15 billion units (BU)...
Renewables 22-Jan-2024
GAIL, India's biggest natural gas company, revealed a remarkable 703% increase in its net profit for...
Large Corporate 29-Jan-2024
Copper prices surged to the highest in nearly two years in China and hit a seven-month peak in Londo...
Non-Ferrous 13-Mar-2024
1️⃣ Baldota’s ₹54,000 Cr steel plant to enhance India’s capacity by over 5%.2️⃣ The proj...
Business 27-Mar-2025
The Union Minister for Power and New & Renewable Energy, Shri R. K. Singh, chaired a meeting in...
Press Releases 26-Feb-2024