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Rakesh Kumar

9th Dec · SEBI-Registered Analyst

Copper a Hot Metal

Total copper ore reserves/resources stand at 1660 million tonnes all over the world and India’s copper Ore reserves is 164 million tonnes. Rajasthan leads with 52.25% of India's copper ore, followed by Madhya Pradesh (23.28%) and Jharkhand (15.14%). Copper demand in electrical segment is growing due to demand in infra sector as a result of affordable housing schemes, rural electrification, renewable energy, electric vehicle and more urbanization etc.

HINDCOPPER
- The only copper miner in India Custom Smelters: 1.
HINDALCO
(Birla Copper)– Capacity- 5 lakh tpa Refined Copper 2.
VEDL
(Sterlite Copper)– Capacity– 2.16 lakh tpa (Excluding Tuticorin unit ). Only refinery unit at Silvasa is under operation. 3. Adani Group (Kutch Copper Ltd.)– Phase-I plant with a capacity of 5 lakh tpa has been installed. As reported, Copper smelter & refinery are under commissioning. These industries majorly import raw material i.e. Copper Concentrate to produce refined copper. These are big industries and strategically located at ports in order to take advantage of transportation cost associated with import of raw material / export of finished product and extraction of by-products.

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