India’s Mineral Output Grows in FY 2024-25
COAL & MINING

India’s Mineral Output Grows in FY 2024-25

India’s mineral production has demonstrated significant growth during FY 2024-25 (April-November), with iron ore production rising by 3% to 182.6 million metric tonnes (MMT), compared to 177.2 MMT during the same period last year, according to provisional data. Iron ore continues to be a major contributor, accounting for 69% of the total MCDR (Mineral Conservation and Development Rules) mineral production by value.

Other key minerals also showed promising growth. Manganese ore production increased by 9.5%, reaching 2.3 MMT, while chromite production rose by 11.1%, touching 2.0 MMT. Bauxite output surged by 8.9%, with a production of 15.9 MMT during the same period.

In the non-ferrous sector, primary aluminium production saw a modest rise of 1.1%, reaching 27.91 lakh tonnes (LT). Refined copper production, on the other hand, experienced a 9.2% increase, growing from 3.16 LT to 3.45 LT. India maintains its position as the second-largest aluminium producer globally, ranks among the top 10 producers of refined copper, and is the fourth-largest iron ore producer.

This growth is largely driven by strong demand from key sectors such as steel, energy, construction, and automotive, highlighting India’s continued industrial progress and its crucial role in the global mineral market.

In another major development, Power Mech Projects secured a Rs 2.94 billion order from Adani Power for services at the 1,320 MW Korba Phase-II Thermal Power Project in Chhattisgarh. The order includes overhauling, erection, testing, commissioning, and manpower assistance for performance guarantee tests of steam generators at Units 3 and 4 of the project. Following the announcement, Power Mech’s shares saw a 4.19% rise, trading at Rs 2,675.45 on the Bombay Stock Exchange (BSE).

India’s mineral production has demonstrated significant growth during FY 2024-25 (April-November), with iron ore production rising by 3% to 182.6 million metric tonnes (MMT), compared to 177.2 MMT during the same period last year, according to provisional data. Iron ore continues to be a major contributor, accounting for 69% of the total MCDR (Mineral Conservation and Development Rules) mineral production by value. Other key minerals also showed promising growth. Manganese ore production increased by 9.5%, reaching 2.3 MMT, while chromite production rose by 11.1%, touching 2.0 MMT. Bauxite output surged by 8.9%, with a production of 15.9 MMT during the same period. In the non-ferrous sector, primary aluminium production saw a modest rise of 1.1%, reaching 27.91 lakh tonnes (LT). Refined copper production, on the other hand, experienced a 9.2% increase, growing from 3.16 LT to 3.45 LT. India maintains its position as the second-largest aluminium producer globally, ranks among the top 10 producers of refined copper, and is the fourth-largest iron ore producer. This growth is largely driven by strong demand from key sectors such as steel, energy, construction, and automotive, highlighting India’s continued industrial progress and its crucial role in the global mineral market. In another major development, Power Mech Projects secured a Rs 2.94 billion order from Adani Power for services at the 1,320 MW Korba Phase-II Thermal Power Project in Chhattisgarh. The order includes overhauling, erection, testing, commissioning, and manpower assistance for performance guarantee tests of steam generators at Units 3 and 4 of the project. Following the announcement, Power Mech’s shares saw a 4.19% rise, trading at Rs 2,675.45 on the Bombay Stock Exchange (BSE).

Next Story
Products

Viva ACP Launches FR A1-Rated Honeycomb Panels for Fire Safety

Viva, Asia’s largest manufacturer and supplier of aluminium composite panels (ACP) introduced its FR A1-rated Honeycomb Panels, setting a new industry benchmark for fire safety and architectural excellence. Engineered to deliver exceptional performance, these panels combine advanced fire-resistance technology with aesthetic versatility, offering a revolutionary solution for safety-critical environments.The FR A1 rating represents the highest standard of fire resistance under the European Standard EN 13501-1, signifying non-combustibility and zero contribution to fire, smoke, or toxic emissio..

Next Story
Real Estate

Almal Real Estate Expands into Commercial, Global Markets

Almal Real Estate Development is soon to announce its upcoming expansion into new verticals and international markets as part of its strategic growth plans for 2030. The company, known for its innovative luxury residential and hospitality developments, is preparing to diversify into the commercial sector with the introduction of The Smart Space, a network of business centers in UAE featuring five-star amenities. Additionally, Almal is entering new markets in Bali and Thailand as a community developer, focusing on villa and townhouse projects.The expansion into the commercial real estate sector..

Next Story
Infrastructure Urban

NABARD Approves Rs 9.03 Billion for 127 Projects in Himachal

The Himachal Pradesh government has secured approval from the National Bank for Agriculture and Rural Development (NABARD) for 127 projects worth Rs 9.03 billion for the 2024-25 fiscal, Chief Minister Sukhvinder Singh Sukhu announced. During a meeting with MLAs from Kangra, Kullu, Kinnaur, Solan, Chamba, Bilaspur, and Lahaul-Spiti districts to discuss priorities for the 2025-26 budget, Sukhu said the approved projects include 50 MLA-priority schemes under the Public Works Department, valued at Rs 4.12 billion, and 23 MLA-priority schemes under the Jal Shakti Vibhag, costing Rs 1.79 billio..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?