Resumen de India's mining industry: : Challenges and potential
VV Minerals' [Vaikundarajan Subramanian] told IM that at current production levels, the Indian heavy minerals industry has the potential to produce 30,000 tpa monazite with 15,000 tpa rare earth elements. If ilmenite production levels increase to 25% of the world's total, the industry will be able to offer 1.8m tonnes monazite and 90,000 tpa rare earth elements.
In April 2015, APMDC issued a new tender for the sale of 600,000 tpa drilling grade 4.20 specific gravity (SG) 'A-Grade' material and drilling grade 4.10 SG 'B-grade' barites from Mangampet in the Kadepa district of India.
India holds significant potential to further grow its mining industry. According to the Confederation of Indian Industry, the country's growth is expected to be at 8% for the fiscal year 2016-2017. This resurgence in domestic economic growth will increase domestic consumption of metals and minerals. In 2014, India's per capita consumption of total finished steel stood at 59kg compared to the world per-capita consumption of 217kg, leaving it room to grow, driven by investmen
