India's Iron Ore Production Rises to 289 Million Tons in FY 2024-25

The fiscal year 2024/2025 saw India produce 289 million tons of iron ore, a 4.3% rise year over year (ending in April 2025), according to the sources.

This amount surpasses the previous record of 277 million tons set in FY2023/2024, setting a new record.

The ministry claims that a combination of rising demand, stable policies, and enhanced sectoral operational capability led to iron ore production hitting a record yearly high.

The output of non-ferrous metals (copper and aluminum) and important minerals like manganese ore (+11.8 y/y) and bauxite (2.9 y/y) also showed notable year-over-year growth.

In order to boost its total yearly production from the current 40 million tons to 55 million tons, the Indian steel manufacturer Tata Steel plans to invest about $1.18 billion in its iron ore mines in Noamundi, Joda, and Katamati. In this manner, the steelmaker is fortifying its own raw material basis and being ready to address global difficulties in the steel industry.

The sources state that India wants to boost its export potential to 25 million tons and its annual steel manufacturing capacity to 500 million tons by 2047. Steel producers were urged by Prime Minister Narendra Modi to aim for net exports and zero steel imports.