Searched for
COPPER SMELTER
Adani Group cos post record $16 bn capex, all-time high EBITDA of Rs 94,834 cr in FY26Adani Group companies achieved a record capital expenditure of Rs 1.53 lakh crore and an all-time high EBITDA of Rs 94,834 crore in FY26, f...
Vedanta's Zambian unit shuts copper smelter for maintenanceVedanta's Konkola Copper Mines has begun a 60-day shutdown of its Nchanga smelter in Zambia for essential maintenance. This move aims to bo...
Commodity upcycle: Why copper and aluminium could explode in coming quarters. Should Indians invest?As the precious metals rally matures, market attention is shifting towards industrial commodities like copper and aluminium. Analysts belie...
Hindalco, Nalco shares jump up to 5% after aluminium prices hit 4-year high. Where is metal headed?Hindalco and Nalco shares climbed as aluminium prices hit a four-year peak. Geopolitical tensions in Iran and possible production curbs in ...
The aluminium boom is here: Why Morgan Stanley says Hindalco is set to explodeMorgan Stanley initiated coverage on Hindalco Industries with an ‘Overweight’ rating and a target price of Rs 1,325, citing a favourable al...
Vedanta, Hindalco, other metal stocks rally up to 11% in one week. Should you buy or wait? Here's what analysts sayMetal stocks are experiencing a strong rally. Shares of Adani Enterprises, Hindalco Industries, and Vedanta have surged. Analysts recommend...
Adani Group unveils sweeping overhaul to accelerate decisions and power next growth phaseAdani Group is streamlining its operations with a new three-layer structure. This move aims to accelerate decision-making and improve execu...
Why are copper prices near high and will the momentum continue?Copper prices remain near record levels, supported by AI-driven data centre demand, global electrification, tight mine supply and geopoliti...
Hindustan Zinc plans to double output by 2030, may revive demerger planIn 2023, the board of Hindustan Zinc had proposed splitting its business into different verticals, but the plan was opposed by the Governme...
Freeport delays Grasberg recovery due to wetter ore; shares fallFreeport-McMoRan announced a slower-than-expected recovery at its Grasberg mine in Indonesia following a fatal flood. The company now antic...
Aluminium and copper to stay elevated, steel risky: CLSA's top metals and cement calls for FY27Base metals like aluminium and copper present significant opportunities, according to CLSA India's Indrajit Agarwal. Steel faces near-term ...
Vedanta, Hindalco just got upgraded by JP Morgan: How Iran war may benefit these 2 metal stocksJPMorgan upgraded Hindalco Industries and Vedanta to overweight, citing higher aluminium prices driven by West Asia tensions. The move boos...
Adani’s $1.2 billion copper smelter caught up in global ore shortageGautam Adani's new $1.2 billion copper smelter in Gujarat is operating at a fraction of its capacity due to a global ore supply shortage. K...
Trump reverses Biden-era rules on copper smeltersPresident Donald Trump has rolled back a recent air pollution rule for copper smelters. This decision provides a two-year exemption from st...
Adani's new copper smelter in India applies to become LME-listed brandAdani Enterprises' new copper smelter in India, boasting a 500,000-ton annual capacity, has applied for LME listing amidst shrinking smelti...
Adani Enterprises to start copper smelter in four weeksAdani Enterprises Ltd is set to inaugurate a major copper smelter in India within the next four weeks, named Kutch Copper, despite challeng...
JSW Group said to set up 0.5 MT capacity copper smelterJSW Group plans a 500,000 metric ton copper smelter in Odisha by 2028/29, sourcing copper concentrate from Peru and Chile. The $301.22 mill...
Copper smelters warn of closures as crunch talks get underwayCopper smelters face potential closures as processing fees plummet, driven by overcapacity and fierce competition for ore.
Adani's $1.2 billion copper smelter to import concentrates from Peru, Chile, AustraliaIndian billionaire Gautam Adani's group, through Kutch Copper Ltd, plans to start a $1.2 billion copper smelter in Mundra, Gujarat, to meet...
- Copper smelters in a spot with ore in short supply
Supply and demand of copper have been out of sync for a while now, and as a result standalone smelters are forced to pay a heavy price. Dem...