India's iron ore output rises 7.4% to 116 million tonnes in April-August
Iron ore and manganese ore production in India saw significant growth during April-August of the current fiscal. Iron ore output increased by 7.4% to 116 million tonnes, while manganese ore production rose by 15.4% to 1.5 million tonnes. Primary a...
The production of manganese ore jumped by 15.4 per cent to 1.5 MT during the April-August period as compared to 1.3 MT in the previous financial year, the ministry said in a statement.
Iron ore accounts for about 70 per cent of the total mineral production in terms of value.
In the non-ferrous metal sector, primary aluminium production rose to 17.49 lakh tonnes (LT) during April-August from 17.26 LT in the year-ago period.
"During the same comparative period, refined copper production has grown by 5.8 per cent from 1.91 LT to 2.02 LT," the ministry said.
India is the second largest aluminium producer, among top 10 producer of refined copper and fourth 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 industries, mainly 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, the statement said.
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