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COPPER SMELTING IN INDIA
Rising duties may cut India’s gold imports sharply: Mohammed ImranIndia's bullion market faces a significant reset as the government hikes import duties on gold and jewellery. Analysts predict this will co...- 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...
- Cheap copper imports hurting domestic manufacturing, says industry bodyCheap copper imports are hurting Indian manufacturers. The Indian Primary Copper Producers Association is calling for government action. Th...
- Copper industry seeks curb on cheap importsWith India's copper production reaching new heights, local manufacturers are calling on the government to curb the influx of inexpensive im...
- India’s copper industry sounds alarm as UAE imports surge under CEPAThe Indian Primary Copper Producers Association warns that surging copper rod imports from the UAE under CEPA threaten domestic investments...
- Hindalco doubling down on upstream capacities with substantial investments in aluminium, copper smeltingHindalco is significantly boosting its upstream capabilities with major investments in aluminium and copper smelting across India. Expansio...
- 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...
- Another Indian conglomerate enters the race for copperCopper prices have surged to over $10,000 a ton amid US President Donald Trump's tariff plans and India's increasing efforts to boost its d...
- After cement, Adani flexes muscles in another new sectorThe Adani Group's aggressive expansion continues as it enters the copper sector, crucial for India's renewable energy plans. Leveraging its...
- How Adani's big foray into a new sector will help IndiaGautam Adani wants to become a global leader in the copper business, leveraging the Adani Group's strong position in resource trading, logi...
- China tightens grip on copper, key to world’s energy transitionCRU sees copper demand in China growing 5% this year, while Goldman Sachs Group Inc. named copper as one of its top commodities picks for n...
- Hindalco signs MoU with Hindustan Copper for supply of copper concentrate“This agreement is a major step forward towards Atma Nirbhar Bharat as it will help in utilizing locally mined copper concentrate for domes...
- Copper production dips 47%, imports surge 233%Import of copper has surged 233% to 10 KT during the quarter. Incidentally, India used to be a net exporter of refined copper.
- Hindustan Copper gears up to meet domestic demand after Vedanta plant shutdownHCL hopes to realise its entire primary smelting capacity in the July-September 2018 quarter, following renovation of its 20,000 tpa smelte...
- 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.
- Copper plant closure won't affect Vedanta's cash flow much, says S&PThe smelting operations provided only about 5 per cent (roughly USD 200 million-USD 225 million) of Vedanta's gross annual EBITDA, said S&P.
- 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...
- Asset Reconstruction Company of India Limited puts Jhagdia Copper Ltd on the blockIt is estimated that at current market prices, JCL may cost over Rs 1,000 crore with an implementation period lasting two years, according ...
- Hi-powered Zambian delegation visits Hindustan Zinc to discuss exchange of technologyThe vice president of Zambia Dr. Guy Scott visited the facilities of Vedanta Group company Hindustan Zinc, one of largest integrated zinc p...
- Copper on fast track as power sector lights upThe Indian growth story has resulted in higher rate of growth in consumption of many commodities. And copper is not an exception with power...
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