India's mineral production rises 17% to Rs 16,975 cr in Oct

The country's mineral production grew by 16.6 per cent in October to Rs 16,975 crore led by coal and iron ore. India had produced minerals, excluding atomic and minor minerals, worth Rs 14,555 crore in October last year, an official statement said. The contribution of crude petroleum was the highest at Rs 5,850 crore. Coal was the second-largest contributor at Rs 5,067 crore followed by iron ore at Rs 2,418 crore and natural gas at Rs 2,130 crore.

Lignite contributed Rs 361 crore to the total value of the mineral production and limestone, Rs 338 crore. "These six minerals together contributed about 95 per cent of the total value of mineral production in October 2012," the statement said. Production of coal and iron ore grew by 23 per cent and 12.1 per cent to 445 lakh tonnes and 100 lakh tonnes, respectively, over the same month last year.

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Bauxite production also grew by 20.8 per cent to 17.45 lakh tonnes. Crude petroleum output increased by 4.5 per cent to 32 lakh tonnes. Among the precious metals, gold production increased by 8.1 per cent to 134 kg. However, production of diamond dipped by 0.6 per cent to 2,501 carat.

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