Copper

India, the world's second-biggest importer of refined copper, may have to source 91 per cent-97 per cent of its copper concentrate requirements from overseas by 2047

Kutch Copper Ltd., which began processing metal in June after multiple delays, has brought in less than a 10th of the raw material required, according to customs data

Initial capital expenditure for the project is estimated at $1.10 billion, with KCL granted first rights to participate in direct equity or project-level investments during the term of the agreement

Situated in Pakistan's Balochistan province, the Reko Diq copper-gold mine is poised to become one of the world's five largest copper reserves, drawing Japanese financing and industrial support

India's copper demand grew by 9.3 per cent to 1,878 kilo tonnes (KT) in FY25 due to robust economic progress and increasing adoption of the metal across critical sectors, a report released on Wednesday said. The International Copper Association India (ICA India) released its copper demand report for FY2025. The country's copper demand was 1,718 kilo tonne in FY24. India's continued emphasis on large-scale infrastructure projects, building construction, clean energy transition and emerging technologies has accelerated demand for key industrial materials, with copper emerging as a critical enabler across these sectors, the report said. The building construction and infrastructure segments remained primary growth drivers registering 11 per cent and 17 per cent year-on-year growth respectively. The renewable energy sector achieved one of the highest annual capacity additions in FY2025, while the consumer durables sector saw a 19 per cent increase, driven by strong sales of air ...

Changing regional policies, infrastructure cycles and geopolitical shifts are likely to mean producers, consumers, traders and investors need to adapt to a market that has many different drivers

The Indian Primary Copper Producers Association (IPCPA) has raised concerns over rising copper rod imports from the UAE under the India-UAE Comprehensive Economic Partnership Agreement (CEPA), warning that the trend threatens domestic investments in copper refining. Since 1996, Indian producers - Hindustan Copper Ltd, Hindalco Industries, Vedanta Ltd, and Kutch Copper Ltd (Adani Group) - have built a domestic refined copper capacity of 1.25 million tonne, against a projected demand of 0.85 million tonne for FY25. The industry had plans to expand capacity further in the coming decade. However, IPCPA in a letter to the commerce ministry said CEPA poses "a significant obstacle" to these plans, as the UAE, despite having no copper mining, smelting, or refining infrastructure, is exporting copper rods to India with minimal value addition. The UAE firms merely convert imported copper cathodes into rods, a process that alters the tariff classification but adds negligible real value, ...

India on Tuesday sought consultations with the US under the World Trade Organisation's (WTO) safeguard agreement over 50 per cent tariffs imposed on certain copper products by America. This move comes after India reserved the right to impose retaliatory duties on select US products in response to American tariffs on steel and aluminium; and auto components. On July 30 this year, the US adopted a measure in the form of 50 per cent tariff on all imports of certain copper products. The measure applies from August 1 this year and for an unlimited duration. "India considers that the measure, although claimed to be taken for security interests, are, in essence, a safeguard measure," a WTO communication said. The communication is being circulated at the request of the delegation of India. It said that the US failed to notify the WTO Committee on Safeguards on taking a decision to apply the safeguard measure. "Accordingly, as an affected member with significant export interest to the Un

The report by the Centre for Social and Economic Progress warns that India's copper imports could rise sharply unless mining, processing, and recycling capacity is scaled up

Japan's Mitsubishi to buy into Arizona's Copper World project for $600m, weeks after the US imposed steep tariffs on semi-finished copper products

According to Adani, the $1.2 billion Kutch Copper facility in the western state of Gujarat is the world's biggest single-location plant of its type

The world's biggest copper supplier halted production at the site after a collapse attributed to seismic activity on Thursday trapped workers in a new section of the mine

The US has announced a steep 50 per cent tariff on imports of semi-finished copper and copper-based products from August 1, a move which will have a limited impact on India's exports from this sector to America. A White House executive order, dated July 30, said that copper is being imported into the United States in quantities and under circumstances that threaten to impair the national security of the US. "...all imports of semi-finished copper products and intensive copper derivative products...shall be subject to a 50 per cent tariff. This tariff shall be effective with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on August 1, 2025, and shall continue in effect, unless such action is expressly reduced, modified, or terminated," it said. India exported copper products worth USD 360 million to the US in FY2025, including plates, tubes, and other semi-finished forms. These shipments will now be .

Adani Enterprises to acquire 50% stake in MetTube Copper India, strengthening India's self-reliance in copper tube manufacturing

Adani Enterprises will also take a 50 per cent stake in MetTube Copper India, the company said in an exchange filing

The quality control curbs have led to a decline in imports, the Bombay Metal Exchange (BME) said - a claim rejected by the government

Industry experts warn that the US is dependent on copper imports, and levies could increase costs across critical industries from electronics and automobiles to infrastructure and defence

Hindustan Copper Ltd looks to build a new Rs 400-crore concentrator plant with 3 million tonnes per annum capacity at Malanjkhand in Madhya Pradesh in the next two-three years as part of plans to triple its ore production capacity, a top company official said. The state-run company expects to start the construction work on the new facility next year. It has a 2.5 million tonnes per annum (MTPA) concentrator plant at Malanjkhand currently. A concentrator plant processes mined ore to separate valuable minerals from waste rock. The facility produces a concentrated product containing a higher proportion of desired minerals. The concentrated product is then sent to further processing stages, such as smelting or refining, to produce the final metal or mineral. In an interview with PTI, Hindustan Copper Ltd (HCL) Chairman and Managing Director Sanjiv Kumar Singh said that state-run consultancy firm Mecon is preparing a tender document and technical design for the plant which will have a .

The growing need for concentrate imports necessitates diversification of supply and foreign asset acquisitions, the government document said

The exploration project will last for three years and most of the analysis will be done in laboratories in India