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COPPER SMELTER INDIA
Vedanta listing: How billionaire Anil Agarwal's 'Fantastic 5' unlocked Rs 63,500 crore value with mega demergerVedanta’s long-awaited demerger culminated with the listing of four newly spun-off businesses, triggering a sharp market re-rating and unlo...- 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...
- 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...
- 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...
- 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 ...
- 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...
- Adani’s Kutch Copper to begin smelter ops soonAdani Group's Kutch Copper is set to start its smelter operations soon and plans to expand capacity, reducing India's copper imports signif...
- 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...
- Billionaire Adani’s new copper foray to further tighten world’s ore supplyBillionaire Gautam Adani's copper plant in India, set to launch in March, will spike ore imports, impacting global supply. The 500,000-ton ...
- Vedanta lost USD 200 million in profits in one year of Tuticorin plant shutdown: AgarwalAgarwal added that the stoppage of production at the Tuticorin plant of the firm's unit Sterlite led to the country having to import copper...
- Vedanta to approach Tamil Nadu government to restart Sterlite Copper plant“We are approaching the state government for necessary approvals for restarting the smelter as per SC directions,” Vedanta said.
- Vedanta sells copper concentrate from stockpiles at shuttered India smelterThe company is disposing of around 70,000 tonnes of copper concentrate that have been lying unused since the closure of the plant, the offi...
- Tuticorin closure to adversely impact Vedanta's other businesses: Moody’sThe ratings agency said it is yet unclear as to what extent the company will be compensated for the land acquired for the expansion.
- India faces copper supply disruption following Sterlite plant shutdownThe shutting down of the 400,000 tonnes a year copper smelter in Tuticorin will reduce India's copper production by about half, forcing imp...
- Vedanta's application for renewal of copper smelting unit rejectedThe company said it had applied to Tamil Nadu Pollution Control Board for annual renewal of CTO for its existing smelter plant at Thoothuku...
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