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Mineral sector shows positive growth

10/28/2009 02:30:00 PM

New Delhi, Oct (EPC News): The mineral production from mining and quarrying sector in August 2009 was higher by 2.94% compared to that of the preceding month. However, the mineral sector has shown a positive growth of 8.38% during the current financial year i.e. April- August 2009-10 as compared to that of the previous year. The mineral production in August 2009 was higher by 12.88% 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 August 2009 was Rs8,336 crore. The contribution of coal was the highest at Rs3,001 crore (36%). Next in the order of importance were iron ore Rs1,679 crore, petroleum (crude) Rs1,546 crore, natural gas (utilized) Rs1,182 crore, lignite Rs202 crore and limestone Rs216 crore. These six minerals together contributed about 94% of the total value of mineral production in August 2009.

EPC News Bureau