India’s Key Mineral Production Continues Strong Growth In FY2024-25

The Indian mining sector has maintained its robust momentum in the current fiscal year, FY 2024-25, following a record-breaking performance in FY 2023-24. Iron ore, accounting for approximately 70% of the total mineral production value, has continued to drive this growth.

Preliminary data reveals a significant increase in iron ore production from 108 million metric tons (MMT) in the first five months of FY 2023-24 to 116 MMT in the same period of FY 2024-25, representing a healthy growth rate of 7.4%. Similarly, manganese ore production has surged by 15.4%, reaching 1.5 MMT in FY 2024-25 compared to 1.3 MMT in the previous year.

In the non-ferrous metal sector, primary aluminium production has exhibited a steady growth of 1.3%, rising from 17.26 lakh tons (LT) to 17.49 LT during the same comparative period. Refined copper production has also witnessed a positive trend, increasing by 5.8% from 1.91 LT to 2.02 LT.

India’s position as the world’s second-largest aluminium producer, top-10 producer of refined copper, and fourth-largest iron ore producer underscores its growing prominence in the global mining landscape. The sustained growth in iron ore production, coupled with the expansion in aluminium and copper output, reflects the robust demand from key sectors such as steel, energy, infrastructure, construction, automotive, and machinery. 

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