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COPPER SMELTING ACTIVITY
Aluminium hits four-year high on renewed Middle East supply risksBenchmark aluminium on the London Metal Exchange traded 0.5% higher at $3,685 a metric ton in official rings. Earlier, it touched $3,707.50...
What is really driving copper futures to record highs? Copper prices just broke every record as AI data center boom fuels global supply crunchCopper prices are soaring aggressively in 2026 as copper futures smash record highs above $14,000 per ton and COMEX copper crosses $6.50 pe...
Why did copper escape US tariffs when aluminium did not?The U.S. has exempted refined copper from import duties, contrasting with steep tariffs on aluminum, reflecting the significance of electri...
Vedanta bets on steel again, plans 7-fold capacity boostVedanta intends to increase its steel production capacity from 1.5 million tonnes to 10 million tonnes and is considering acquisitions in i...
Adani Group's copper arm, Kutch Copper Ltd joins International Copper AssociationKutch Copper Ltd, part of the AdGroup, has joined the International Copper Association (ICA) to contribute to sustainability initiatives an...
No SC greenlight for Vedanta's Tuticorin plant yet; expert panel likely to be set up to explore reopening of plantThe Supreme Court has proposed a bipartisan expert committee to investigate the reopening of Vedanta's Sterlite copper plant in Tuticorin, ...
Supreme Court agrees to list plea of Sterlite copper unit of Tamil Nadu for hearingThe top court had in May asked the Tamil Nadu government to take appropriate decisions in pursuance of its April 10 direction by which it h...
Copper prices climb as US job data boosts demand prospectsThree-month copper on the London Metal Exchange was up 0.5% at $9,427.50 a tonne, as of 0528 GMT, and the most-traded August copper contrac...
Vedanta's controversial oxygen plant will open its doors again as 'national need' trumps environmental concerns
Vedanta to set up a new copper smelter with an investment of Rs 10,000 crore in a coastal state, submits EoIThe company said that the copper smelter of 500-kilo tonne per annum (KTPA) will require a footprint of around 1000 acres in proximity to p...
Copper prices on fire: India's import bill could rise by 35% in 2021A report said that refined copper production fell by a sharp 24.4% to 231.7 thousand tonnes during Apr-Dec FY21 compared with Apr-Dec FY20 ...
London zinc rises on hopes for US stimulus, but set for 4th weekly fallBenchmark three-month zinc on the London Metal Exchange (LME) was down 0.7 per cent for the week.
Parliamentary panel asks Hindustan Copper to take measures for timely execution of expansion projectsA parliamentary panel has asked state-owned Hindustan Copper Ltd (HCL) to look at measures to remove hindrances for timely execution of exp...
Cabinet nod to QIP to help mine expansion plan: HCL CMD Santosh SharmaHCL will use the proceeds of QIP to meet its expansion/capex plan.
Copper producers in India facing huge challenge from zero duty imports : JC Laddha, Hindalco Industries“For all non-ferrous metas including copper, growth is picking up and to continue for for next 10-15 years.”
- Copper inflated by $6.3 billion in unending exports mystery
Some reports have alleged that some individuals may have been compelled to bring back funds through 'official' route by over-invoicing expo...
- HC orders closure of Sterlite Ind’s Tuticorin plant
The Madras High Court on Tuesday ordered the immediate closure of Sterlite Industries’ copper smelting plant in Tuticorin.
- Base metals futures up on global cues, short-covering
Base metals futures, led by nickel, strengthened on the Multi Commodity Exchange on Monday, taking cues from firming global markets.
- China quake shakes up base metals market
: The earthquake in Sichuan province in China has started having a telling impact on the base metals market.
- Copper on fast track as power sector lights up
The Indian growth story has resulted in higher rate of growth in consumption of many commodities. And copper is not an exception with power...