In fiscal year 2024-25, there was substantial growth in the production of key minerals and non-ferrous metals within the mining sector according to Ministry reports. Notably, iron ore output increased by 4.3%, reaching a new record value of 289 million metric tons (MMT), surpassing the previous year's figure of 277 MMT. This followed an all-time high in production for iron ore during FY 2023-24 as well. The production of manganese ores also exceeded its previous peak of 3.4 MMT, with growth amounting to 11.8% and recording a total output of 3.8 MMT for the current fiscal year. Bauxite production increased by 2.9%, moving from 24 million metric tons (MMT) in FY 2023-24 to 24.7 MMT in FY 2024-25.
The output of lead concentrate saw a modest rise of 3.1% during the same period, with its total quantity going up from 381 thousand tons (THT) to reach 393 THT. In the non-ferrous metals domain, India continued its position as the second largest aluminum producer globally and among the top ten for refined copper production in the world. Primary aluminum production grew by nearly two percent over FY 2023-24 data, reaching a total of 42 lakh tons (LT), from 41.6 LT earlier while refined copper output demonstrated robust growth, expanding by 12.6% and moving up from 5.09 LT to 5.73 LT.
Additionally, India stood as the fourth largest iron ore producer globally in this fiscal year. These rising production figures likely represent a strong consumer demand within various sectors like energy, infrastructure, construction, automotive, and machinery industries due to their usage of these key minerals.
The report implies that consistent growth in mineral production for iron ore and other metals signifies a continuation of robust economic activity in these user sectors.
**Limitation:** The analysis assumes the accuracy of data provided without additional context or verification beyond the information given within this singular documentation source, hence relying primarily on the stated outcomes.
Key Entities Referenced
Ministry of Mines: A governmental department responsible for managing mining resources and overseeing production activities.
Mining in FY 2024-25: An annual fiscal period that signifies the financial year concluding in March 2024 to March 2025, during which mineral production was observed.
MCDR mineral production: A term implying a total value of production from minerals by magnitude or denomination, here referred to as Ministry of Mines' contribution towards the overall mining sector in India.
Iron ore: A specific type of metallic ore that is typically extracted for use in steel manufacturing and other industries requiring high-grade steel material.
Manganese ore: Ore containing the metal manganese, used in various sectors including steel production, fertilizer manufacture, and pharmaceuticals due to its diverse applications.
Bauxite: An aluminum oxide mineral, mainly processed for extraction of alumina which is later transformed into Aluminum. Its major application includes use in manufacturing products requiring strong lightweight materials.
Lead concentrate: A concentrate containing metallic lead substances mined and refined before being marketed as an industrial material. Typically used in battery production, as well as various industries including paint and construction sectors.
Primary aluminium production: Aluminium produced directly from alumina through electrolysis, without any further reduction processes. This is the most direct form of producing aluminium and is the initial state before it can be used in its final form for industrial applications.
Refined copper: Copper that has undergone further processing beyond smelting to remove impurities, offering higher purity than primary or secondary grades. It is primarily suitable for electronic and construction industries requiring high-quality metals.
Energy sector: An industry encompassing oil, gas extraction, power generation and distribution along with their associated transportation infrastructures which support economic activities involving energy usage across various sectors.
Infrastructure: A vast range of built environment, including public services like roads, bridges, public buildings as well as engineering components that support economic functionalities such as logistics and industry development.
Construction sector: An industrial landscape involving the creation, planning and management of structures. This includes housing complexes, commercial buildings, transportation facilities contributing to the built environment which impacts local economies.
Automotive industry: An organized business focusing on manufacturing vehicles (cars, trucks, buses), parts production, as well as related services like distribution, retailing and car maintenance. Its output profoundly influences employment levels across multiple sectors in a nation’s economy.
Machinery: A collective term for industrial equipment designed and manufactured for use by businesses or on farms to improve efficiency in various industries such as manufacturing goods, processing natural resources, handling transportation and food production.
World markets: (Inferred) Indicates the global market scenario of which India's mining and metal products stand among leading positions (2nd largest Aluminium producer globally, top 10 for refined copper, 4th largest iron ore exporter).
User industry viz. steel: (Inferred term) This refers to the sector that consumes raw materials like iron and steel, which includes industries such as shipbuilding, automotive manufacturing, construction sectors, and other metal processing industries.
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.
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Shuhaib T
(Release ID: 2126960)