24 March, 2025
Growth in Mineral Production in FY 2024-25
Mon 31 Mar, 2025
Reference:
- According to the Ministry of Mines, the production of key minerals such as iron ore, manganese ore, bauxite, and lead in India has continued to grow rapidly in FY 2024-25, after reaching record levels in FY 2023-24.
- Iron ore accounts for 70% of the total value of MCDR (Mines and Minerals Development and Regulation) mineral production.
- In FY 2023-24, iron ore production stood at 274 million metric tonnes (MMT).
Key Figures:
Iron Ore Production:
- FY 2023-24 (Apr-Feb): 252 MMT
- FY 2024-25 (Apr-Feb): 263 MMT
- Growth: 4.4%
Manganese Ore Production:
- FY 2023-24 (Apr-Feb): 3.0 MMT
- FY 2024-25 (Apr-Feb): 3.4 MMT
- Growth: 12.8%
Bauxite Production:
- FY 2023-24 (Apr-Feb): 21.9 MMT
- FY 2024-25 (Apr-Feb): 22.7 MMT
- Growth: 3.6%
Lead Concentrate Production:
- FY 2023-24 (Apr-Feb): 340 MMT
- FY 2024-25 (Apr-Feb): 352 MMT
- Growth: 3.5%
Non-Ferrous Metals Sector:
- Primary Aluminium Production:
- FY 2023-24 (Apr-Feb): 3.80 million tonnes
- FY 2024-25 (Apr-Feb): 3.836 million tonnes
- Growth: 0.9%
Refined Copper Production:
- FY 2023-24 (Apr-Feb): 464,000 tonnes
- FY 2024-25 (Apr-Feb): 497,000 tonnes
- Growth: 7.1%
Significance:
- India is the world’s second-largest aluminium producer and among the top 10 refined copper producers.
- India is the fourth-largest iron ore producer globally.
- Odisha is India’s largest producer of bauxite and iron ore, while Rajasthan leads in limestone production.
State-wise Share in Mineral Production:
- Odisha (44.11%) – Largest mineral producer, leading in iron ore & bauxite.
- Chhattisgarh (17.34%) – Major contributor in coal & iron ore.
- Rajasthan (14.10%) – Dominates in limestone & zinc.
- Karnataka (13.24%) – Key producer of iron ore & gold.
- Jharkhand (4.36%) – Significant in coal & uranium.
- Madhya Pradesh (2.44%) – Known for diamonds & copper.
- Maharashtra (1.45%) – Produces manganese & bauxite.
Key Takeaways:
- Rising iron ore production reflects strong demand in the steel industry.
- Growth in aluminium & copper indicates robust economic activity in sectors like energy, infrastructure, construction, automotive, and machinery.