Has India’s Mineral Production Reached New Heights in 2024-25?
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Synopsis
Discover how India's mineral production has skyrocketed in FY 2024-25, setting new records across key sectors. This article explores the impressive growth in iron ore, bauxite, and more, highlighting the impact on various industries and the nation's economy.
Key Takeaways
- Iron ore production hit 289 MMT with a 4.3% growth.
- Manganese ore saw an 11.8% increase to 3.8 MMT.
- Bauxite production rose to 24.7 MMT, a 2.9% growth.
- Primary aluminum production reached 42 LT.
- Refined copper production increased by 12.6%.
- India ranks as the fourth-largest iron ore producer worldwide.
New Delhi, May 5 (NationPress) The nation's mineral output has seen significant growth in FY 2024-25, particularly in vital minerals such as iron ore, manganese ore, bauxite, and lead. This surge follows an impressive production year in FY 2023-24, as reported by the Ministry of Mines on Monday.
The production of iron ore, which constitutes 70% of the total mineral production value, rose to 289 million metric tonnes (MMT) in FY 2024-25, surpassing the previous record of 277 MMT set in FY 2023-24, indicating a 4.3% growth.
Moreover, manganese ore production has exceeded the prior record of 3.4 MMT from FY 2023-24, witnessing an impressive 11.8% increase to 3.8 MMT in FY 2024-25.
The output of bauxite has grown by 2.9%, reaching 24.7 MMT this fiscal year, up from 24 MMT last year. Additionally, production of lead concentrate rose from 381 thousand tonnes (THT) to 393 THT, marking a 3.1% increase.
In the realm of non-ferrous metals, primary aluminum production has also achieved a new record, climbing from 41.6 lakh ton (LT) in FY 2023-24 to 42 LT in FY 2024-25. Concurrently, refined copper production surged by 12.6%, rising from 5.09 LT to 5.73 LT in the same period.
India stands as the world’s second-largest producer of aluminium, among the top ten refined copper producers, and the fourth-largest producer of iron ore. The ongoing increase in iron ore production reflects strong demand in the steel industry, which is a key consumer of these metals.
Alongside the growth in aluminium and copper, these trends indicate robust economic activity in critical sectors such as energy, infrastructure, construction, automotive, and machinery, as highlighted in the statement.
Point of View
I believe that this surge in mineral production underscores India's growing industrial capabilities and resilience. It highlights not only our resource richness but also the increasing demand from various sectors, positioning India favorably in the global market. This is a positive indicator for future economic growth.
NationPress
08/06/2025
Frequently Asked Questions
What are the key minerals whose production has increased in India?
The key minerals with increased production include iron ore, manganese ore, bauxite, and lead.
How much did iron ore production increase in FY 2024-25?
Iron ore production rose to 289 million metric tonnes, marking a 4.3% increase from the previous fiscal year.
What is the significance of this growth in mineral production?
This growth signals robust demand in industries such as steel, energy, and construction, which are crucial for economic development.
How does India rank in global mineral production?
India is the world's second-largest producer of aluminium, among the top ten producers of refined copper, and the fourth-largest producer of iron ore.
What sectors are benefiting from increased mineral production?
Sectors such as energy, infrastructure, construction, automotive, and machinery are benefiting from this growth in mineral production.
