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BUSINESS

Mineral Production of India Up By 10.9% in May 2022

The index of mineral production of the mining for May 2022 was 10.9 per cent more than the last year in May 2021. In comparison with the previous year, it has increased by 9.4 per cent

This year in May, the IBM figures were mentioned as Coal 712 lakh tonnes, Lignite 42 lakh tonnes, Natural gas (utilized) 2846 million, Petroleum (crude) 26 lakh tonnes, Bauxite 2276 thousand tonnes, Chromite 320 thousand tonnes, Copper conc. Eight thousand tonnes, Gold 97 kg, Iron ore 221 lakh tonnes, Lead conc. Thirty thousand tonnes, Manganese ore 235 thousand tonnes, Zinc conc. One hundred twenty-nine thousand tonnes, Limestone 348 lakh tonnes, Phosphorite 143 thousand tonnes, Magnesite 8 thousand tonnes, and Diamond 22 carat.

During May month the production of important minerals gives positive growth over last year, which include Gold 212.9 per cent, Phosphorite 121.4 per cent, Coal 33.7 per cent, Bauxite 31.5 per cent, Lignite 25.8 per cent, Magnesite 22.9 per cent, Lead conc 18.7 per cent, Zinc conc 15.6 per cent, Limestring the one 8.5 per cent, Natural Gas (U) 7.0 per cent, and Petroleum (crude) 4.6 per cent. Following minerals which give negative results are Iron Ore -5.6 per cent, Copper conc -33.5 per cent, Manganese ore -43.3 per cent, and Chromite -67.3 per cent.

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