Reach Me

GlobalLinker Profile

Friday, April 19, 2013

Industrial Minerals

Industrial Minerals have good prospects
There is a good presentation recently made on Industrial Minerals here
Here are salient features of the Industry..

  • India produces as many as 84 minerals comprising 4 fuel, 11 metallic, 49 nonmetallic industrial and 20 minor minerals.
  • In many parts of the world, particularly in developing countries, minerals are extracted by artisanal and small-scale mining (ASM) – by people working with simple tools and equipment, usually in the informal sector, outside the legal and regulatory framework
  • Mica, Barytes, Kyanite, Sillimanite, Chromite, Coal, Lignite, Talc, Steatite, Pyrophylite, Bauxite, Iron Ore, Manganese are some of the minerals of India
  • Many incentives & Supports by Governments are offered to domestic & Foreign Companies
  • The overall changes occurring during the past 10 years or so had some discernible impact on rationalizing, regulating and expanding existing mining activities and promoting new ventures within the mining sector and as such to some extent also on the sub-sector of Small-Scale Mining.
  • Miner minerals with good potentials are Granite, Laterite, Marble Ochre, Quartz, Sandstone, Slate, Lime Stone & many others .. to know more click here

No comments: