JSW Group has announced plans to invest INR 120 billion in a copper smelter facility in Odisha, with a production capacity of 500,000 metric tons per year. The facility is expected to be operational by 2028-29. According to the company, the smelter will source copper concentrate from Peru and Chile. JSW Group also intends to […]
Hindalco Industries has announced plans to invest INR 450 billion in its aluminium, copper, and specialty alumina businesses. The investment will focus on expanding production capacity and developing high-precision engineered products for various industries, including electric vehicles (EVs), renewable energy, and semiconductors. Hindalco’s primary aluminium production has grown to 1.3 million tonnes per year, and […]
JSW Group has acquired two copper mines in Jharkhand through a competitive bidding process with Hindustan Copper, marking its entry into the non-ferrous metals sector. The mines, currently in the exploration phase, have a combined capacity of three million tonnes per annum (MTPA) and will require an estimated two years to become operational. As part […]