Summary:
India's primary mineral production, particularly iron ore and limestone, increased significantly in the first quarter of FY25, following record highs in FY24. Iron ore and limestone, which together account for almost 80% of MCDR mineral production by value, produced 275 million metric tons (MMT) and 450 MMT, respectively, in FY24. This increase reflects strong demand from industries such as steel and cement, indicating robust economic activity across all sectors.
Provisional figures for the non-ferrous metal industry show a 1.2% rise in primary aluminum output for FY25, reaching 10.43 lakh tons from 10.28 lakh tons in FY24. India remains a prominent global player, ranking second in aluminum production, third in lime production, and fourth in iron ore production. Iron ore output increased by 9.7%, from 72 MMT to 79 MMT, while limestone production rose by 1.8% to 116 MMT, and manganese ore production surged by 11% to 1.0 MMT.
Source: IBEF
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