India’s mining and metal sector has started FY 2025–26 on a strong note, with key mineral and non-ferrous metal segments reporting year-on-year growth backed by robust industrial demand and infrastructure push.
Production of some key minerals in the country continue to witness growth during FY 2025-26, after reaching record production levels in FY 2024-25. Iron ore accounts for 70% of the total MCDR mineral production by value. Production of iron ore was 289 million metric tonne (MMT) in FY 2024-25. As per provisional data, production of iron ore has increased from 52.7 MMT in FY 2024-25 (April- May) to 53.0 MMT in FY 2025-26 (April- May), showing a 0.6% growth.
India is the 2nd largest Aluminium producer, among top-10 producer in refined copper and 3rd 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 industry viz. 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.