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Mineral production sees robust growth in Q1, India 2nd largest aluminum producer in world

by Blitz India Media
August 2, 2024
in News
0
aluminum
Blitz Bureau

New Delhi: India, which has become the second-largest aluminum producer in the world, saw robust growth in production of key minerals, such as iron ore and limestone, in the first quarter of FY25, after reaching record levels in FY24, the Parliament was informed on August 1. As per provisional data provided by the Ministry of Mines, in the non-ferrous metal sector, primary aluminum production in FY 2024-25 (April-June) posted a growth of 1.2 per cent over the corresponding period last year, increasing to 10.43 lakh tonnes in FY25 (April-June) from 10.28 LT in FY 2023-24 (April-June).

The production of iron ore has increased from 72 MMT in FY 2023-24 (April-June) to 79 MMT in FY 2024-25 (April-June), showing 9.7 per cent growth.

Limestone production rose from 114 MMT in FY 2023-24 (April-June) to 116 MMT in FY 2024-25 (April-June), with 1.8 per cent growth.

The Ministry said that the production of manganese ore jumped by 11 per cent to 1.0 MMT in FY 2024-25 (April-June) from 0.9 MMT over the corresponding period of the previous year.

Production of key minerals in the country has continued to show strong growth, after reaching record production levels in FY 2023-24, said the government.

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