India's mineral output registers cumulative growth of 4.2% in first five months of current fiscal
Indian Bureau of Mines (IBM) in its provisional data has showed that the country's mineral output registered a cumulative growth of 4.2 per cent in the first five months of this fiscal compared to the year-ago period.
However, it also showed the index of mineral production of mining and quarrying sector during August was at 99.6, which was 3.9 per cent lower as compared to the level in August last year. The output of important minerals in August includes coal 580 lakh tonnes, lignite 29 lakh tonnes, natural gas (utilised) 2,829 million cum, petroleum (crude) 24 lakh tonnes and bauxite 14.5 lakh tonnes.
It mentioned Coal, lead conc, zinc conc and limestone are important minerals which have shown positive growth in August. The important minerals that have shown negative growth includes natural gas (U), manganese ore, petroleum (crude) and magnesite.
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