After the resumption of production at the Maddhapara hard rock mine following suspension of operations for more than four months, the company’s Managing Director said on Saturday that like the previous year the mine will make profit in the current fiscal year.

Authorities resumed operations at the Maddhapara Granite Mining Company Limited on Thursday with the imported explosives brought from neighboring India through Beanpole land port, said Abu Daud Mohammad Fariduzzaman, Managing Director of the company.

The production of rock from Maddhapara remained suspended due to the crisis of the explosives. 

“We are happy that the production is going on. If things are on track, this year the company will make profit like the previous year despite four months of suspension of operations,” he said.

Last year, the company, a subsidiary of the state-owned Petrobangla, made Tk35 crore in profit.

Petrobangla chairman Nazmul Ahsan, who attended a function through a virtual platform to resume the operation, said on Thursday that they hoped to produce 5000 tons of rock daily, on an average, against a maximum capacity of 5500 tons.

Read: After 11 years of losses, Maddhapara mining company turns profitable

The Maddhapara mine has been experiencing an explosive crisis, especially, due to the shortage of ammonium nitrate following the start of the Russia-Ukraine war.

Normally, the mine authorities import ammonium nitrate from Belarus to use it in the mine to create a big slice of hard rock through underground explosion.  

Officials say about 100 tons of ammonium nitrate reached the mine on Wednesday morning from India while another consignment of 150 tons of the explosives was on the way to the country through Chattogram Seaport port. 

At present, Belarusian contractor Germania Trest Consortium (GTC), a state-owned Belarusian company, has remained engaged in the mine for its operation.