8/11/2019 India Market Overview Mining 2014
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Indian Mining Core sector of the economy contributing 2.1-2.4 %
per annum to GDP; Produces 87 minerals with over USD 38-40 billion
per
annum of mineral production in 3,461 mines. Top mineral
production includes Iron ore, lead, zinc, manganese, bauxite,
chromite, and copper.
Domestic coal has poor quality, regulatory and supply issues
leading to large demand-supply gap.
Mining Technology Equipment & Services (MTES)A high-growth
large customer market for international technologies and solutions;
Small
domestic capability with presence of few Indian companies only;
Small-large foreign companies successfully doing business in India
(Caterpillar,
John Deere, Hitachi, JCB, Ingersoll-Rand and so on).
India Mining Industry Overview
1
Source:PressInformationBureau,MinistryofSteel&Mines,Governmento
fIndia,HISMcCloskey&MetalJunction
Minerals of Overseas Investments & Imports Coal
(Metallurgical/
Coking and Thermal) has attracted maximum Indian Investments
overseas.
Other minerals include Gold, Copper Concentrate, Zinc
Concentrate,
Potash, Rock Phosphate, Nickel/ Tin, Tungsten, Rough
Diamond.
Coal Imports Coal imports is a major source to meet rising
demand;
Imports rose by 20% to 106 mn tonnes (2013) from year ago.
Coking Coal
is 2nd biggest contributor to total coal imports. India has 12
major & 17
minor ports handling coal. Major supply markets - Australia,
USA, Canada.
Imported Coking Coal Demand Steel production is expanding to 95
mn tonnes (2015-16)to 135 mn tonnes (2020)and 300 mn tonnes
(2025).
India currently imports approx. 41 mn tonnes of coking coal
(2013-14) used for Steel making. Expansion in Steel production
leading to approx. 40%
growth in coking coal demand b/w 2014-17.
Estimated demand-supply gap of 31-33 million
tonnes per annum of coking coal between
2013-17...
