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COPPER SMELTER OPERATIONS
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...
- 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...
- 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...
- 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...
- 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 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 moves SC against Madras HC order refusing opening of Sterlite copper plantThe Tamil Nadu government has already filed a caveat in the top court seeking to be heard in the matter, before any order is passed in the ...
- 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...
- Vedanta to invest Rs 3,000 crore to double copper capacityWe will invest Rs 2,500-3,000 crore in our copper operations to double the capacity from 400 kilo tonnes at present. This will happen by 20...
- Copper smelters in a spot with ore in short supplySupply 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...
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