Country Report
India iron ore supply summary
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Mining practices notably changed since the Mines and Minerals (Development and Regulation) Amendment Act (MMDR Act) introduced a transparent auction-based system for mine allocation in 2015, replacing the first-come-first-served system. By FY 2023, captive miners surged ahead, contributing over 50% of the nation’s iron ore production, illustrating a fundamental shift in mining practices influenced by legislative changes. The latest India iron ore supply summary examines iron ore production from 11 key mines in India where we seek to answer the question – how does India's industry structure change in response to the auction process? We also discuss whether India will sustain its domestic production over the long term overcoming environmental, forestry, evacuation, and land acquisition challenges.
Table of contents
- Iron ore pellets
- Impact on costs and industry structure
- Merchant miners
- Captive miners
- Indian exports
- Indian imports
Tables and charts
This report includes the following images and tables:
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Majority of 77.3 Mt capacity located in the eastTop five pellet producers constitute 52% capacityCaptive production to increase after auctions
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especially in top 11 producersAuctions across key states (cumulative up to 2024)High bid premiums witnessed in auctionsIron ore production of 11 key iron ore miners in IndiaIron ore production of 11 key iron ore miners by mine statusNMDC’s production by mineOMC's production by mineRungta's production by mineEssel Mining’s production by mine
- 13 more item(s)...
What's included
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