COMMODITY
India’s iron ore production rises 4.3% in 2024-25
May-06-2025

The country’s iron ore production rose 4.3% to 289 million metric ton (MMT) in 2024-25, over the year-ago period. The iron ore production was 277 MMT in 2023-24. Similarly, production of manganese ore has also surpassed the production record of 3.4 MMT achieved in 2023-24, increasing by 11.8% to 3.8 MMT in 2024-25. Production of bauxite has also risen by 2.9% to 24.7 MMT in 2024-25 from 24 MMT in 2023-24. During the same period, lead concentrate production rose from 381 thousand tonne (THT) to 393 THT, with a 3.1% growth.

In the non-ferrous metal sector, primary aluminium production in 2024-25 has broken the production record of 2023-24. Primary aluminium production increased from 41.6 lakh ton (LT) in 2023-24 to 42 LT during 2024-25. Refined copper production saw a robust growth of 12.6%, increasing from 5.09 LT in 2023-24 to 5.73 LT in 2024-25.

India is the 2nd largest Aluminium producer, among top-10 producer in refined copper and 4th largest iron ore producer in the world. Continued growth in production of iron ore in the current financial year reflects the robust demand conditions in the user industry viz. steel. Coupled with growth in aluminium and copper, these growth trends point towards continued strong economic activity in user sectors such as energy, infrastructure, construction, automotive and machinery.

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