Global Iron Ore Mining Outlook
However, the decision by India's top court to cancel all iron ore permits in Goa in February 2018 will mean that production from that state is likely to head lower rather than increase. As a result, we forecast India's iron ore output to grow from 179.1mnt in 2022 to 195.5mnt in 2031, with annual output growth averaging 0.9% over the period.
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