India's iron ore EC capacity rises over 10% in FY'26, utilisation drops on surging mining costs

Source: BigMint Jun 17, 2026 08:30

Captive utilisation falls 4 percentage points as production remains flat y-o-y. High auction premiums, taxesand complex regulations slow mine development

Data Deep Dive: India's iron ore mining capacity continued to rise in FY'26, but production growth lagged behind. This suggests that India's immediate challenge is not resource availability but the pace at which approved mining capacity can be operationalised. According to data, the country's approved environmental clearance (EC) capacity increased

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