Indian Chrome Ore Production Falls Further in Aug’18

Odisha contributes almost entirely towards chrome ore production in India. Chrome ore production in Odisha has been recorded at 208,567 MT in Aug’18. It is about 29% lower than the production witnessed in Jul’18. However, on a yearly basis, Chrome Ore production is witnessed to be up by 4% as production at Aug’17 was 200,141 MT.

Production level by captive miners went down by a mere 2% M-o-M. FACOR and Balasore Alloys have witnessed a fall of 18% and 4% M-o-M in its production while IDCOL registered a massive increase.

The merchant miners have also witnessed a substantial fall of 39% M-o-M in its Chrome Ore production. B.C. Mohanthy & Sons and OMC registered a fall of 14% and 93% respectively. However, IMFA recorded a significant increase of 119% M-o-M in its production and TATA Steel registered an increase of 11% M-o-M.

The fall in Chrome Ore production can be attributed to the rainy season which makes it difficult for mining activity as the mines are water-logged.

Odisha Chrome Ore Production in August’18 & July’18
Mines Name August’18 July’18
Captive
FACOR 12,253 14,895
Balasore Alloys 14,092 14,733
IDCOL 3,593 772
Sub Total (A) 29,938 30,400
Other Than Captive
TATA Steel 113,624 101,961
IMFA 39,059 17,865
B.C. Mohanty & Sons 13,091 15,253
O.M.C. 9,497 127,363
Real India Consultancy 3,358
Sub Total (B) 178,629 262,442
Grand Total 208,567 292,842

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