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CommodityWireOutput of non-ferrous metals, minerals rises in Apr-Jan, iron ore up 3.5% YoY

Output of non-ferrous metals, minerals rises in Apr-Jan, iron ore up 3.5% YoY

This story was originally published at 20:30 IST on 27 February 2025
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Informist, Thursday, Feb. 27, 2025

 

NEW DELHI – Domestic production of non-ferrous metals and key minerals like iron ore saw steady growth in the first ten months of financial year 2024-25 (Apr-Mar), the Ministry of Mines said in a release Thursday. During Apr-Jan, iron ore production increased by 3.5% on year to 236 million tonnes and output of manganese ore grew by 11.1% on year to 3 million tonnes.

 

Production of chromite rose 8.7% to 2.5 million tonnes, from 2.3 million tonnes in the same period last year. Bauxite production saw a 5.6% on-year increase to 20.6 million tonnes during Apr-Jan, according to the release.

 

Iron ore accounts for 70% of the total mineral production under the mineral conservation and development rules, in value terms. Iron ore output in FY24 was 274 million tonnes.

 

Among non-ferrous metals, production of primary aluminium rose 1.2% to 3.5 million tonnes in Apr-Jan. Refined copper output rose 7.4% on year to 450,000 tonnes in the same period, the release said.

 

India, the second-largest aluminium producer and the fourth-largest iron ore producer in the world, is also among the top 10 producers of refined copper in the world, as per the release. The ongoing increase in iron ore production, along with higher copper and aluminium output, indicates sustained strong economic activity in sectors such as energy, infrastructure, construction, automotive, and machinery, according to the release.  End

 

Reported by Pallavi Singhal

Edited by Deepshikha Bhardwaj

 

 

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