India ranked 2nd largest producer of Aluminium in the world
India ranks as the 2nd largest producer of aluminum, the 3rd largest producer of lime, and the 4th largest producer of iron ore globally.
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Record-Breaking Production in FY 2023-24
Iron ore and limestone are the backbone of India's mineral sector, together making up 80% of the total MCDR mineral production by value in FY 2023-24.
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Iron Ore production soars
Production rose from 72 MMT in Q1 FY 2023-24 to 79 MMT in Q1 FY 2024-25, marking a notable 9.7% increase.
Image credits: Pixabay
Limestone maintains steady growth
Production rose from 114 MMT in Q1 FY 2023-24 to 116 MMT in Q1 FY 2024-25, achieving a 1.8% growth.
Image credits: Freepik
Manganese Ore Sees Significant Jump
Production surged by 11%, reaching 1.0 MMT in Q1 FY 2024-25, up from 0.9 MMT in the same period last year.
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Impact
The continued increase in mineral production, particularly iron ore and limestone, highlights strong demand in key industries such as steel and cement.