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
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).

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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.

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