{"id":8995,"date":"2024-06-28T19:35:27","date_gmt":"2024-06-28T14:05:27","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/?p=8995"},"modified":"2024-06-28T19:35:27","modified_gmt":"2024-06-28T14:05:27","slug":"growth-in-mining-sector-in-may-2024-after-record-production-levels-in-fy-2023-24","status":"publish","type":"post","link":"https:\/\/matribhumisamachar.com\/en\/2024\/06\/28\/growth-in-mining-sector-in-may-2024-after-record-production-levels-in-fy-2023-24\/","title":{"rendered":"Growth in Mining sector in May 2024 After Record Production Levels in FY 2023-24"},"content":{"rendered":"<p style=\"text-align: justify;\">Iron ore and Limestone together account for about 80% of the total MCDR mineral production by value. These key minerals exhibited record production levels in FY 2023-24, with production of iron ore at 275 million metric ton (MMT) and limestone at 450 MMT in FY 2023-24.<\/p>\n<p style=\"text-align: justify;\">Continuing the trend, the production of these key minerals in the country has exhibited robust growth in FY 2024-25 (April-May) as per provisional figures. Production of iron ore has increased from 50 MMT in FY 2023-24 (April-May) to 52 MMT in FY 2024-25 (April-May), with 4% growth. Production of limestone has increased from 77 MMT in FY 2023-24 (April-May) to 79 MMT in FY 2024-25 (April-May), with 2.6% growth. The production of manganese ore has jumped by 16.7% over corresponding period previous year with a production of 0.7 MMT in FY 2024-25 (April-May).<\/p>\n<p style=\"text-align: justify;\">In the non-ferrous metal sector, primary aluminium production in FY 2024-25 (April-May) posted a growth of 1.2% over the corresponding period last year, increasing to 6.98 lakh ton (LT) in FY 2024-25 (April-May) from 6.90 LT in FY 2023-24 (April-May).<\/p>\n<p style=\"text-align: justify;\">India is the 2<sup>nd<\/sup>\u00a0largest Aluminium producer, 3<sup>rd<\/sup>\u00a0largest lime producer and 4<sup>th<\/sup>\u00a0largest iron ore producer in the world. Continued growth in production of iron ore and limestone in the current financial year reflects the robust demand conditions in the user industries viz. steel and cement. Coupled with growth in Aluminium, these growth trends point towards continued strong economic activity in user sectors such as energy, infrastructure, construction, automotive and machinery.<\/p>\n<p style=\"text-align: justify;\">\n","protected":false},"excerpt":{"rendered":"<p>Iron ore and Limestone together account for about 80% of the total MCDR mineral production by value. These key minerals exhibited record production levels in FY 2023-24, with production of iron ore at 275 million metric ton (MMT) and limestone at 450 MMT in FY 2023-24. Continuing the trend, the production of these key minerals &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[136],"tags":[5871,3463,5872],"class_list":["post-8995","post","type-post","status-publish","format-standard","","category-national","tag-may-2024-mining-trends","tag-mining-industry-growth","tag-record-production-impact"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Growth in Mining sector in May 2024 After Record Production Levels in FY 2023-24 - Matribhumi Samachar English<\/title>\n<meta name=\"description\" content=\"Explore the growth and trends in the mining sector in May 2024 following record production levels in FY 2023-24. Learn about the impact on the industry and economy.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/matribhumisamachar.com\/en\/2024\/06\/28\/growth-in-mining-sector-in-may-2024-after-record-production-levels-in-fy-2023-24\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Growth in Mining sector in May 2024 After Record Production Levels in FY 2023-24 - Matribhumi Samachar English\" \/>\n<meta property=\"og:description\" content=\"Explore the growth and trends in the mining sector in May 2024 following record production levels in FY 2023-24. Learn about the impact on the industry and economy.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/matribhumisamachar.com\/en\/2024\/06\/28\/growth-in-mining-sector-in-may-2024-after-record-production-levels-in-fy-2023-24\/\" \/>\n<meta property=\"og:site_name\" content=\"Matribhumi Samachar English\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-28T14:05:27+00:00\" \/>\n<meta name=\"author\" content=\"Saransh Kanaujia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Saransh Kanaujia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/matribhumisamachar.com\/en\/2024\/06\/28\/growth-in-mining-sector-in-may-2024-after-record-production-levels-in-fy-2023-24\/\",\"url\":\"https:\/\/matribhumisamachar.com\/en\/2024\/06\/28\/growth-in-mining-sector-in-may-2024-after-record-production-levels-in-fy-2023-24\/\",\"name\":\"Growth in Mining sector in May 2024 After Record Production Levels in FY 2023-24 - Matribhumi Samachar English\",\"isPartOf\":{\"@id\":\"https:\/\/matribhumisamachar.com\/en\/#website\"},\"datePublished\":\"2024-06-28T14:05:27+00:00\",\"dateModified\":\"2024-06-28T14:05:27+00:00\",\"author\":{\"@id\":\"https:\/\/matribhumisamachar.com\/en\/#\/schema\/person\/0a61403f4baf9627e92218b53a1e65f1\"},\"description\":\"Explore the growth and trends in the mining sector in May 2024 following record production levels in FY 2023-24. Learn about the impact on the industry and economy.\",\"breadcrumb\":{\"@id\":\"https:\/\/matribhumisamachar.com\/en\/2024\/06\/28\/growth-in-mining-sector-in-may-2024-after-record-production-levels-in-fy-2023-24\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/matribhumisamachar.com\/en\/2024\/06\/28\/growth-in-mining-sector-in-may-2024-after-record-production-levels-in-fy-2023-24\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/matribhumisamachar.com\/en\/2024\/06\/28\/growth-in-mining-sector-in-may-2024-after-record-production-levels-in-fy-2023-24\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/matribhumisamachar.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Growth in Mining sector in May 2024 After Record Production Levels in FY 2023-24\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/matribhumisamachar.com\/en\/#website\",\"url\":\"https:\/\/matribhumisamachar.com\/en\/\",\"name\":\"Matribhumi Samachar English\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/matribhumisamachar.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/matribhumisamachar.com\/en\/#\/schema\/person\/0a61403f4baf9627e92218b53a1e65f1\",\"name\":\"Saransh Kanaujia\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/matribhumisamachar.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/45a8b03a1b1bb8255014f5e62f9cfea0eb8a9f7a6a604f9879038df08da23cea?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/45a8b03a1b1bb8255014f5e62f9cfea0eb8a9f7a6a604f9879038df08da23cea?s=96&d=mm&r=g\",\"caption\":\"Saransh Kanaujia\"},\"description\":\"Saransh Kanaujia is currently editor of Matribhumi Samachar Group. He earlier worked with Hindusthan Samachar News Agency. He is also associated with many organizations.\",\"sameAs\":[\"https:\/\/matribhumisamachar.com\/en\"],\"url\":\"https:\/\/matribhumisamachar.com\/en\/author\/matribhumisamachar\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Growth in Mining sector in May 2024 After Record Production Levels in FY 2023-24 - Matribhumi Samachar English","description":"Explore the growth and trends in the mining sector in May 2024 following record production levels in FY 2023-24. Learn about the impact on the industry and economy.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/matribhumisamachar.com\/en\/2024\/06\/28\/growth-in-mining-sector-in-may-2024-after-record-production-levels-in-fy-2023-24\/","og_locale":"en_US","og_type":"article","og_title":"Growth in Mining sector in May 2024 After Record Production Levels in FY 2023-24 - Matribhumi Samachar English","og_description":"Explore the growth and trends in the mining sector in May 2024 following record production levels in FY 2023-24. Learn about the impact on the industry and economy.","og_url":"https:\/\/matribhumisamachar.com\/en\/2024\/06\/28\/growth-in-mining-sector-in-may-2024-after-record-production-levels-in-fy-2023-24\/","og_site_name":"Matribhumi Samachar English","article_published_time":"2024-06-28T14:05:27+00:00","author":"Saransh Kanaujia","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Saransh Kanaujia","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/matribhumisamachar.com\/en\/2024\/06\/28\/growth-in-mining-sector-in-may-2024-after-record-production-levels-in-fy-2023-24\/","url":"https:\/\/matribhumisamachar.com\/en\/2024\/06\/28\/growth-in-mining-sector-in-may-2024-after-record-production-levels-in-fy-2023-24\/","name":"Growth in Mining sector in May 2024 After Record Production Levels in FY 2023-24 - Matribhumi Samachar English","isPartOf":{"@id":"https:\/\/matribhumisamachar.com\/en\/#website"},"datePublished":"2024-06-28T14:05:27+00:00","dateModified":"2024-06-28T14:05:27+00:00","author":{"@id":"https:\/\/matribhumisamachar.com\/en\/#\/schema\/person\/0a61403f4baf9627e92218b53a1e65f1"},"description":"Explore the growth and trends in the mining sector in May 2024 following record production levels in FY 2023-24. Learn about the impact on the industry and economy.","breadcrumb":{"@id":"https:\/\/matribhumisamachar.com\/en\/2024\/06\/28\/growth-in-mining-sector-in-may-2024-after-record-production-levels-in-fy-2023-24\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/matribhumisamachar.com\/en\/2024\/06\/28\/growth-in-mining-sector-in-may-2024-after-record-production-levels-in-fy-2023-24\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/matribhumisamachar.com\/en\/2024\/06\/28\/growth-in-mining-sector-in-may-2024-after-record-production-levels-in-fy-2023-24\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/matribhumisamachar.com\/en\/"},{"@type":"ListItem","position":2,"name":"Growth in Mining sector in May 2024 After Record Production Levels in FY 2023-24"}]},{"@type":"WebSite","@id":"https:\/\/matribhumisamachar.com\/en\/#website","url":"https:\/\/matribhumisamachar.com\/en\/","name":"Matribhumi Samachar English","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/matribhumisamachar.com\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/matribhumisamachar.com\/en\/#\/schema\/person\/0a61403f4baf9627e92218b53a1e65f1","name":"Saransh Kanaujia","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/matribhumisamachar.com\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/45a8b03a1b1bb8255014f5e62f9cfea0eb8a9f7a6a604f9879038df08da23cea?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/45a8b03a1b1bb8255014f5e62f9cfea0eb8a9f7a6a604f9879038df08da23cea?s=96&d=mm&r=g","caption":"Saransh Kanaujia"},"description":"Saransh Kanaujia is currently editor of Matribhumi Samachar Group. He earlier worked with Hindusthan Samachar News Agency. He is also associated with many organizations.","sameAs":["https:\/\/matribhumisamachar.com\/en"],"url":"https:\/\/matribhumisamachar.com\/en\/author\/matribhumisamachar\/"}]}},"_links":{"self":[{"href":"https:\/\/matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/8995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/matribhumisamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/matribhumisamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/matribhumisamachar.com\/en\/wp-json\/wp\/v2\/comments?post=8995"}],"version-history":[{"count":1,"href":"https:\/\/matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/8995\/revisions"}],"predecessor-version":[{"id":8998,"href":"https:\/\/matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/8995\/revisions\/8998"}],"wp:attachment":[{"href":"https:\/\/matribhumisamachar.com\/en\/wp-json\/wp\/v2\/media?parent=8995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/matribhumisamachar.com\/en\/wp-json\/wp\/v2\/categories?post=8995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/matribhumisamachar.com\/en\/wp-json\/wp\/v2\/tags?post=8995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}