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Mining, Quarrying, Mineral and Ore Processing, Coal, Iron Ore,

Limestone, Chromite and Granite Mining


India is home to a myriad of metals and minerals. Globally, the country is the largest
producer of sheet mica, the third largest producer of coal, the fourth largest producer of
iron ore and the fifth largest producer of bauxite. Besides these natural resources, India
also hosts significant reserves of copper, zinc, gold and about 26 other metallic and minor
minerals. The Indian mining sector is largely state-dominated, but the government is now
seeking a phased withdrawal of its participation from the non-strategic metal sector in
order to encourage private players to take the centre stage.

The vast bulk of our built environment is formed from raw materials won from the earth by
the extractive industries.  Without the raw materials with which to build houses, hospitals,
schools, factories, roads, etc., life would certainly be more basic and less comfortable than
we presently experience. Quarrying or mining is an important practice in India. A quarry is
a type of open surface working from which virgin rock or minerals are extracted, each
quarry is very different and will use different types of quarry equipment. The design and
general running operation of a quarry depends on the type of rock being extracted, the
general environment surrounding the quarry, the size of the quarry and the geography and
geology of the general area.Drilling and blasting are two important parts of the quarrying
process. Marble, granite, sandstone, gravel, limestone etc are all quarried. Stone quarrying
is the multistage process by which rock is extracted from the ground and crushed to
produce aggregate, which is then screened into the sizes required for immediate use, or for
further processing.

Mineral processingis the practice of beneficiating valuable minerals from their ores.
Industrial mineral treatment processes usually combine a number of unit operations in
order to liberate and separate minerals by exploiting the differences in physical properties
of the different minerals that make up an ore. Mineral processing involves four general
types of operations: comminution or particle size reduction, sizing or separation of particle
sizes by screening or classification, concentration by taking advantage of physical and
surface chemical properties, and dewatering or solid/liquid separation. Ore processingis
generally crushing and separating ore into valuable substances or waste by any of a variety
of techniques. The processing of the ore is often just as challenging and expensive, which
takes place in refineries, smelters and mills.

India’s mining sector will continue to post impressive over the forecast period driven by
strong domestic demand. The long-term prospects of the sector like that of the Indian
economy remain very positive. However, in 2009 growth in US dollar terms stood at just
1.6%, while growth in 2009 is expected to be negligible as the global economic crisis
impacts exports in key sectors such as iron ore, bauxite and copper. The market should
return to strength in 2010, and by 2013, it is forecast by analyst that the mining industry
will reach a total value of US$45.40billion. In April 2009, it was reported by Bloomberg that
Indian iron ore exports would drop by at least 25% in the fiscal year, after competitors
began offering major price discounts.
India has one of the largest reserves ofgranite  in the world and exported Rs 2,600
crore  (Rs 26 billion) worth of thestone  last year. Granite exports this fiscal are expected to
touch Rs 2,800 crore  (Rs 28 billion) and nearly one-fourth of these exports is accounted for
by monument stones.

Indian granite exports have declined 33 per cent between 2006-07 and 2008-09. The
sector, which relies heavily on American and European demand, was among the first to feel
the heat of the sub-prime crisis. Its export revenues fell steeply in 2007-08, even before
there were visible signs of a slowdown in Indian housing and industry.

According to data provided by CAPEXIL, the value of granite export from India was Rs
2,738 crore in 2008-09, compared with Rs 4,086 crore in 2006-07. In 2007-08, the export
value stood at Rs 3,367 crore. In terms of volume, the country exported 30 lakh tonnes of
granite in 2008-09, compared with 31 lakh tonnes in 2006-07. In 2007-08, it was 34.12
lakh tonnes. Unlike the trend with respect to values, volumes actually rose in 2007-08, but
fell below 2006-07 levels in 2008-09.

What perhaps explains the increase in volumes in 2007-08 is that polished granite, which
commands a better price, was substituted by semi-finished blocks. Yet, prices in the latter
category remained unattractive, reflecting the severity of the recession. Volumes increased
by 10.2 per cent in 2007-08 over the previous year, while revenue earned from exports
decreased by 17.6 per cent this year. The decline in export earnings and volumes was more
pronounced in 2008-09. Export fell 18.7 per cent in value terms, while volumes were down
12.1 per cent. Exports revenue largely remained flat at Rs 1478.95 crore in 2009, compared
with RS 1479.44 crore in 2008. In 2007, it was Rs 1703.37 crore. Granite accounts for 10
per cent of India’s minerals’ output. Over the last three decades the Indian granite industry
has modernized to global standards. Sculptures and monuments made in India are being
exported all over the world.

We can provide you detailed project reports on the following topics. Please select the

projects of your interests.

Each detailed project reports cover all the aspects of business, from analysing the

market, confirming availability of various necessities such as plant & machinery, raw

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material, formulating the cash flow statement, projecting the balance sheet etc.
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Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of

Plant and Machinery, Manufacturing Process and or Equipment required, General Guidance,

Technical and Commercial Counseling for setting up new industrial projects on the following

topics.

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worldwide use our project reports as one of the input in doing their analysis.

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