India's mineral production rises 9.8% in December 2022

India's mineral production rises 9.8% in December 2022

According to a statement from the mines ministry, the total rise from April through December of current fiscal year over the same time in the previous financial year was 5.4%

FPJ Web DeskUpdated: Saturday, February 18, 2023, 02:49 PM IST
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India's mineral production rises 9.8% in December 2022 |

India's mineral production rose by 9.8 per cent in December 2022, over the same month a year-ago, according to the mines ministry.

The index of mineral production of the mining and quarrying sector for the month of December, 2022 stood at 107.4, 9.8 per cent higher as compared to December, 2021, as per the provisional figures of Indian Bureau of Mines (IBM).

According to a statement from the mines ministry, the total rise from April through December of current fiscal year over the same time in the previous financial year was 5.4%.

Coal output reached 833 lakh tonnes, lignite production reached 35 lakh tonnes, natural gas (used) reached 2,888 million cubic metres, crude oil production reached 25 lakh tonnes, and bauxite production reached 2,272 thousand tonnes in December.

Positive growth was seen for minerals like coal, gold, phosphorite, iron ore, limestone, manganese ore, and phosphorite.

"Petroleum (-1.2%) and bauxite are two other significant minerals that are growing more slowly (-9 per cent). chromite (11,5%), magnesite (22,5%), and diamond (-38.6%), as well as lignite (-10.7%), " the statement said.

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