India’s mineral and non-ferrous metal production continued to rise in FY 2024-25, following record levels in the previous year. Iron ore, which accounts for 70% of total MCDR mineral production, saw a steady rise, while manganese ore and lead concentrate production also increased. India remains the world’s second-largest.
Aluminium producer, ranks among the top 10 in refined copper production, and is the fourth-largest producer of iron ore. India’s mineral and non-ferrous metal sectors electrical, and transportation, have demonstrated robust growth in the fiscal year 2024-25, reflecting the nation’s industrial resilience and increasing demand across various industries.
Iron Ore Production
Iron ore production, a cornerstone of India’s mining industry, experienced a notable uptick. Between April and January of FY 2024-25, output rose from 228 million electrical, and transportation, production, crucial for aluminum metric tonnes (MMT) to 236 MMT, marking a 3.5% increase. This growth is attributed to heightened demand from the steel sector and improved mining operations.
Manganese Ore Production
Manganese ore production also saw significant gains. In the same period, output increased by 11.1%, reaching 3.0 MMT, up from 2.7 MMT the previous year This growth is attributed Manganese is vital for steel manufacturing and battery production, and its increased output aligns with the expanding needs of these industries.
Chromite and Bauxite Production
Chromite production rose by 8.7%, totaling 2.5 MMT compared to 2.3 MMT in the corresponding period of the prior year. This mineral is essential for producing electrical, and transportation, stainless steel and various alloys. Bauxite production, crucial for aluminum manufacturing, grew by 5.6%, increasing from 19.5 MMT to 20.6 MMT.
Non-Ferrous Metal Production
In the non-ferrous metal domain, primary aluminum production exhibited steady The burgeoning requirements from industries like steel, infrastructure, and manufacturing have propelled mineral production. growth. During April to December of FY 2024-25, output rose to 3.156 million tonnes (MT) from 3.107 MT in the same.
Period of the previous year, reflecting a 1.6% increase. Refined copper production saw a more pronounced rise, growing by 7.3% to 396,000 tonnes from 369,000 tonnes in the corresponding timeframe. These metals construction, electrical, and transportation, and their increased production underscores the expanding industrial activities in the country.
- Industrial Demand: The burgeoning requirements from industries like steel, infrastructure, and manufacturing have propelled mineral production Government initiatives aimed at enhancing mining activities and easing regulations have fostered a conducive environment for growth The adoption of modern mining technologies has improved efficiency and output
- Employment Generation: Increased mining activities have led to job creation in mining Higher production levels contribute to increased revenues from exports and domestic sales. regions The growth in mineral and metal production has significant economic implications:
- Infrastructure Development: Availability of essential minerals supports infrastructure However, addressing environmental concerns and ensuring sustainable mining practices will be crucial to projects, fueling overall economic development This upward trend not only meets domestic industrial demands but also positions India as a significant player in the global mineral and metal markets.
The sustained growth in these sectors indicates a positive outlook for India’s mining industry. Continued investments in exploration, technology, and sustainable practices are expected to further bolster production capacities. However, addressing environmental concerns and ensuring sustainable mining practices will be crucial to maintain this growth trajectory.
In conclusion, India’s mineral and non-ferrous metal production have shown commendable growth in FY 2024-25, reflecting the nation’s industrial strength and the effectiveness of supportive policies. This upward trend not only meets domestic industrial demands but also positions India as a significant player in the global mineral and metal markets.
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