Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
The mineral production index for the mining and quarrying sector in December 2023 was 139.4, which is 5.1% higher than the level in December 2022. The cumulative growth rate from April to December 2023-24 over the previous year's similar period is 8.5%.
In December 2023, the following important minerals were produced: coal 929 lakh, lignite 40 lakh, petroleum (crude) 25 lakh, iron ore 255 lakh, limestone 372 lakh tonnes each, natural gas (utilised) 3078 million cubic metres, bauxite 2429 thousand, chromite 235 thousand, copper approximately 11 thousand, lead approximately 35 thousand, manganese ore 319 thousand, zinc approximately 148 thousand, phosphorite 117 thousand, magnesite 16,000 tonnes each, and gold 122 kg.
Important minerals showing positive growth during December 2023 over December 2022 include: Magnesite (83.7%), Lead Conc. (16.5%), Lignite (14.6%), Copper Conc. (13.7%), Limestone(12.5%), Coal (10.8%), Zinc Conc. (7.8%), Bauxite (6.6%), Natural gas (U) (6.6%), Manganese Ore (4.0%) and Iron Ore (1.3%), and other important minerals showing negative growth include: Petroleum(crude) (-1.0%), Gold (-29.9%), Chromite (-30.8%), Phosphorite (-31.2%) and Diamond (-74.4%), the Ministry of Mines said in a press released today.
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