India’s mineral production shows robust growth, iron ore stood at 274MMT
Iron ore accounts for 69% of the total MCDR mineral production by value. Production of iron ore was 274 million metric tonnes (MMT) in FY 2023-24.
India’s mineral production shows robust growth, iron ore stood at 274MMT
The Production of some key minerals in the country has continued to witness strong growth during FY 2024-25 (April-October), after reaching record production levels in FY 2023-24. Iron ore accounts for 69% of the total MCDR mineral production by value. Production of iron ore was 274 million metric tonnes (MMT) in FY 2023-24.
As per provisional data, production of iron ore has increased from 152.1 MMT in FY 2023-24 (April- October) to 158.4 MMT in FY 2024-25 (April-October), showing a healthy 4.1% growth.
Production of manganese ore has risen by 11.1% to 2.0 MMT in FY 2024-25 (April- October) from 1.8 MMT during the corresponding period of the previous year. Production of bauxite has risen by 11.3% to 13.8 MMT in FY 2024-25 (April- October) from 12.4 MMT in FY 2023-24 (April- October).
Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel
In the non-ferrous metal sector, primary aluminum production in FY2024-25 (April- October) posted a growth of 1.2% over the corresponding period last year, increasing to 24.46 lakh tons (LT) in FY2024-25 (April-October) from 24.17 LT in FY2023-24 (April-October). During the same comparative period, refined copper production has grown by 6.0% from 2.83 LT to 3.00 LT.
Read Also : Indian Bank Hands Over Sanction Letters Worth Rs 1,011 Crore to Over 3,000 Women