- CM to address Bengaluru Invest Meet Focus on investments in mineral sector
Bhopal: Madhya Pradesh has emerged as the most promissing destination in India’s mining and mineral sector. It has scored significant achievements. Chief Minister Dr. Mohan Yadav is visiting Bengaluru for a two-day industry meet on August 8. Dr Mohan Yadav will showcase the richness of mineral wealth and investment opportunities. He will urge industrialists to invest in mineral sector.
National recognition for MP’s mineral auction process
It is noteworthy that Madhya Pradesh has also received the national award for Mineral Auctioning Process.
Madhya Pradesh will soon be undergoing the process of auctioning 33 blocks of aluminum, laterite, bauxite, diamond, gold, limestone, and manganese ore. Similarly, the auction process for 17 coal blocks is also underway. The auction process is ongoing for 20 blocks of major minerals, including manganese, diamond, bauxite, laterite, gold, base metal, and limestone.
With these preparations and rich mineral deposits Madhya Pradesh offers countless investment opportunities. The state has received the first award for mineral auctioning. Last year, an auction of 51 blocks took place, setting a record.
The major mineral resources found in Madhya Pradesh include coal, limestone, diamond, and pyrophyllite. Madhya Pradesh is the fourth largest coal-producing state in the country, with abundant coal reserves.
Similarly, there are significant limestone reserves in the state. Abundant reserves are found in Rewa, Satna, Sidhi, Maihar, Damoh, Katni, Panna, Dhar, and Neemuch.
90% of country’s diamond reserves in MP
About 90% of country’s diamond reserves are found in Madhya Pradesh, specifically in Panna and Chhatarpur. In this regard, five blocks have been identified for diamond business parks and composite licenses.
Madhya Pradesh is a leading state in pyrophyllite production, contributing 41% of the country’s production. Given these reserves, the state is a highly profitable investment location for the ceramic, pottery, porcelain, and tiles industries.
Rich Mineral Resources
Madhya Pradesh is rich in mineral resources. Iron, quartz, and flagstone are found in Gwalior and Shivpuri. Rock phosphate, dolomite, limestone, manganese, and graphite are present in Jhabua and Alirajpur. Limestone is found in Neemuch, coal, graphite, granite, lead, and zinc in Betul. Coal, manganese, and dolomite are in Chhindwara, copper, manganese, dolomite, limestone, and bauxite in Balaghat, and diamonds, dolomite, and bauxite in Mandla and Dindori. Coal, gold, iron, and other minerals are found in Singrauli, while coal, coal bed methane, bauxite, and other minerals are present in Shahdol, Anuppur, and Umaria. Diamonds, rock phosphate, diaspor, iron, and granite are in Sagar, Chhatarpur, and Panna. Dolomite, iron ore, limestone, manganese, gold, and marble are found in Jabalpur.
Coal production is 361,411 metric tons. Madhya Pradesh has 30,914 metric tons of coal reserves, which is 8% of the country’s reserves. Similarly, MP is very rich in limestone, iron ore reserves, copper reserves, manganese ore, bauxite reserves and rock phosphate reserves.
MP tops in national ranking
At the national level, Madhya Pradesh has stood first in copper, manganese and diamond production. Similarly, it ranks second in rock phosphate, third in limestone and fourth in coal production.
