2009-12-01 19:32:53 -

Research and Markets ( www.researchandmarkets.com/research/f0b6b5/india_mining_repor : ) has announced the addition of the " India Mining Report Q2 2009 : " report to their offering.

India Mining Report provides industry professionals and strategists, corporate analysts, mining associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on India's mining industry


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.

However, the financial crisis is impacting the mining sector with output dropping. Indian state-owned iron ore miner, National Mineral Development Corp. (NMDC), has announced that output could drop in the 2008/2009 financial year due to falling demand from the steel sector, as reported by Reuters. Both the construction and automobile industries - both large consumers of steel - have been in difficulties in recent months and the effects are being felt all the way down the supply chain.
NMDC is hoping to produce 29.8mn tonnes of iron ore, which would equal output levels in 2007/2008. However, this is under the initial forecast of 32mn that the company made for the year. Sales are being propped up by a mixture of long-term contracts, a recent 25% price reduction and the withdrawal of export duty on iron ore.


Key Topics Covered:

- Executive Summary
- SWOT Analysis
- Special Focus: Outlook For Global Mining
- Industry Trends And Developments
- Key Projects
- Business Environment
- Political Environment
- Industry Forecast Scenario
- Competitive Landscape
- Company Monitor
- Appendices

Companies Mentioned.

- Coal India (CIL)
- National Mineral Development Corp (NMDC)
- Vedanta Resources
- Hindustan Copper (HCL)


For more information visit www.researchandmarkets.com/research/f0b6b5/india_mining_repor :



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