**Summary:**
The Ministry of Mines reports significant growth in key mineral and non-ferrous metal production for Fiscal Year (FY) 2024-25. Iron ore production reached a record 289 million metric tons (MMT), a 4.3% increase over the previous record of 277 MMT in FY 2023-24. Manganese ore production also surpassed its previous record, rising by 11.8% to 3.8 MMT from 3.4 MMT. Bauxite production increased by 2.9% to 24.7 MMT. Lead concentrate production saw a 3.1% increase, reaching 393 thousand tonnes (THT) from 381 THT. In the non-ferrous metal sector, primary aluminium production reached 42 lakh tons (LT), exceeding the FY 2023-24 output of 41.6 LT. Refined copper production experienced a substantial 12.6% growth, increasing from 5.09 LT to 5.73 LT. India holds significant global positions in these sectors, ranking as the 2nd largest aluminium producer, among the top 10 refined copper producers, and the 4th largest iron ore producer worldwide. The continued growth in iron ore production reflects strong demand from the steel industry. The growth in aluminium and copper production indicates robust economic activity in sectors such as energy, infrastructure, construction, automotive, and machinery. Release ID: 2126960.
Key Entities Referenced
Ministry of Mines: The Indian government ministry responsible for the administration of mines and minerals.
FY 202425: The fiscal year 2024-2025.
Iron ore: A key mineral, accounting for a significant portion of MCDR mineral production.
MCDR: Referring to mineral production covered under the Mines and Minerals (Development and Regulation) Act.
Manganese ore: Another key mineral with significant production growth.
Bauxite: A mineral used in the production of aluminium, showing increased production.
Aluminium: A non-ferrous metal with primary production reaching record levels in FY 202425.
Copper: A non-ferrous metal with refined production showing robust growth in FY 202425.
Ministry of Mines
Record Production in Mining in FY 2024-25
Significant Growth in Production of Key Minerals and
Non-Ferrous Metals
Posted On: 05 MAY 2025 12:14PM by PIB Delhi
Production of some key minerals in the country witnessed strong growth in FY 2024-25, after reaching record
production levels in FY 2023-24. Iron ore accounts for 70% of the total MCDR mineral production by value.
As per provisional data, production of iron ore at 289 million metric ton (MMT) in FY 2024-25 has broken
the production record of 277 MMT achieved in FY 2023-24, with a 4.3% growth. Similarly, production of
manganese ore has also surpassed the production record of 3.4 MMT achieved in FY 2023-24, increasing by
11.8% to 3.8 MMT in FY 2024-25. Production of bauxite has also risen by 2.9% to 24.7 MMT in FY 2024-25
from 24 MMT in FY 2023-24. During the same period, lead concentrate production rose from 381 thousand
tonne (THT) to 393 THT, with a 3.1% growth.
In the non-ferrous metal sector, primary aluminium production in FY 2024-25 has broken the production
record of FY 2023-24. Primary aluminium production increased from 41.6 lakh ton (LT) in FY 2023-24 to 42
LT during FY 2024-25. Refined copper production saw a robust growth of 12.6%, increasing from 5.09 LT in
FY 2023-24 to 5.73 LT in FY 2024-25.
nd th
India is the 2 largest Aluminium producer, among top-10 producer in refined copper and 4 largest iron ore
producer in the world. Continued growth in production of iron ore in the current financial year reflects the
robust demand conditions in the user industry viz. steel. Coupled with growth in aluminium and copper, these
growth trends point towards continued strong economic activity in user sectors such as energy, infrastructure,
construction, automotive and machinery.
****
Shuhaib T
(Release ID: 2126960)