New Delhi, Nov 28
The production of some key minerals in the country has continued to witness strong growth during the first seven months of FY 2024-25 (April-October), after reaching record production levels in FY 2023-24, according to the data released by the Ministry of Mines on Thursday.
Iron ore accounts for 69 per cent of the country's total mineral production by value. The production of iron ore was 274 million metric tonne (MMT) for the full financial year 2023-24.
As per provisional data, production of iron ore has increased from 152.1 MMT in the first seven months FY 2023-24 (April- October) to 158.4 MMT in FY 2024-25 (April-October), showing a healthy 4.1 per cent growth.
Production of manganese ore has risen by 11.1 per cent to 2.0 MMT in FY 2024-25 (April- October) from 1.8 MMT during the corresponding period of previous year. Production of bauxite has risen by 11.3 per cent to 13.8 MMT in FY 2024-25 (April- October) from 12.4 MMT in FY 2023-24 (April- October).
In the non-ferrous metal sector, primary aluminium production in FY2024-25 (April- October) posted a growth of 1.2 per cent over the corresponding period last year, increasing to 24.46 lakh ton (LT) in FY2024-25 (April-October) from 24.17 LT in FY2023-24 (April-October). During the same comparative period, refined copper production has grown by 6 per cent from 2.83 LT to 3.00 LT.