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Madhya Pradesh is the second richest state after Bihar regarding its Mineral resources. About 50 Manganese, 44% Bauxite, 35 percent Coal and 30 percent of Iron ore of India is found only in Madhya Pradesh. The state produces minerals worth Rs. 2,360 crore - about 25 percent of the minerals revenue of India.
Madhya Pradesh has approximately 700 crore tonnes of Iron ore reserves, in which the Iron content is more than 60%. The Iron ore occurs mainly in Dalli-Rajhara of Durg district, Bailadila and Rawghat hills of Bastar district. Other iron ore reserves are found in the Jabalpur, Raigarh, Bilaspur, Surguja, Mandla and Balaghat districts. Big reserves of Manganeses are found in Balaghat and Chhindwara districts. It is also found in Jabalpur and Jhabua districts.
The state produces about 44% of bauxite of India. It contains 50 to 65% Aluminium. Bilaspur district (Korba region) Jabalpur district (Katni region), Shahdol district (Amarkantak region) are important Bauxite producing districts in the State.
Rich Coal reserves are found in the Tatapani, Ramkola, Jhimile, Sonhat, Jhagrakhand, Kurasia, Chirmiri and Bishrampur in the Surguja districts; Korba region in Bilaspur district; Kanhan valley and Pench valley in the Betul and the Chhindwara districts.
Among the other minerals found in the Madhya Pradesh are –Mica (Gwalior and Raigarh district), Diamond (Panna district), Clay (Gwalior district), Limestone (Raipur, Bilaspur, Satna, Rewa, Jabalpur, Bastar, Durg, Gwalior and Morena districts), Dolomite (Chhattisgarh and Baghelkhand region), Copper (Balaghat district), Tin (Bastar districts) and Marble (Jabalpur and Gwalior districts) etc.

Bhilai Steel Plant is the major mineral based industry in the state. Banmore (Morena district), Kaimore (Jabalpur), Maihar and Satna (Satna), Jamul (Durg), Tilda, Mandhar, Baloda Bazaar and Bhatapara (Raipur), Akaltara (Bilaspur) and Neemach (Mandsaur) are major centres of Cement industry. The Bharat Aluminium Company (Balco) at Korba (Bilaspur district) is the leading centre of Aluminium industries.

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