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ASSOCHAM Economic Weekly 20 May, 2012 - The Associated ...

ASSOCHAM Economic Weekly 20 May, 2012 - The Associated ...

2. Corporate Sector 2.1

2. Corporate Sector 2.1 Mineral Production during March 2012 The index of mineral production of mining and quarrying sector in March 2012 was higher by 10.2% compared to that of the preceding month. The mineral sector has shown a negative growth of 1.3% during March 2012 as compared to that of the corresponding month of previous year. The total value of mineral production (excluding atomic & minor minerals) in the country during March 2012 was Rs.19082 crore. The contribution of coal was the highest at Rs. 6475 crore (34%). Next in the order of importance were: petroleum (crude) Rs 5806 crore, iron ore Rs.3437 crore, natural gas (utilized) Rs. 1404 crore, lignite Rs. 494 crore and limestone Rs. 312 crore. These six minerals together contributed about 94% of the total value of mineral production in March 2012. Production level of important minerals in March 2012 were: coal 647 lakh tonnes, lignite 52 lakh tonnes, natural gas (utilized) 3751 million cu. m., petroleum (crude) 32 lakh tonnes, bauxite 1123 thousand tonnes, chromite 359 thousand tonnes, copper conc. 9 thousand tonnes, gold 173 kg., iron ore 150 lakh tonnes, lead conc. 17 thousand tonnes, manganese ore 234 thousand tonnes, zinc conc. 117 thousand tonnes, apatite & phosphorite 184 thousand tonnes, dolomite 368 thousand tonnes, limestone 224 lakh tonnes, magnesite 19 thousand tonnes and diamond 1581 carat. In March 2012 the output of lead conc. increased by 39.07%, manganese ore 22.12%, coal 15.42%, lignite 14.84%, iron ore 12.08%, petroleum (crude) 7.41%, apatite & phosphorite 7.31%, natural gas (utilized) 6.38%, limestone 3.20%, magnesite 0.12 percent. However the production of 8

copper conc. decreased by 0.19%, gold 0.57%, dolomite 2.82%, zinc conc.8.19%, chromite 9.17%, bauxite 12.31% and diamond 32.98 percent. 9

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