New 1MT Copper plant to be set up in Gujarat
Commodity Online | June 08 2016
UPDATED 12:04:00 IST

USDA cuts global Oilseeds supplies for MY 2019-20

OPEC cuts Crude Oil production by 8.2% in July

India's Rice exports fall 28.2% in April-June

Kharif crop sowing improves to 926 lakh hectares as monsoon rains pick up

Govt initiates probe into alleged jump in Palm Oil imports from Malaysia


A new copper smelter project with a capacity of one million tonnes per annum is likely to be set up in the Indian state of Gujarat. Adani Enterprises will set up the project at Adani Port Special Economic Zone (APSEZ) at Mundra in Gujarat with an investment of Rs 10,000 crore.

Experts Appraisal Committee (EAC) under the Ministry of Environment and Forests (MoEF) says the project will include copper smelter, sulphuric acid plant, copper refinery, continuous cast copper wire rod plant, precious metal recovery plant, phosphoric acid plant, aluminium fluoride plant among others.

EAC says the project would require to source its raw materials from foreign as well as domestic markets. Copper concentrate and Rock phosphate are the raw materials. EAC added that the project's environment protection cost is estimated to be Rs 900 crore and requires 300 MW electricity load.
Commodity Arrivals Rate
Arecanut 18 22000.00
Sugar 255 3382.00
Rubber 0.06 14500.00
Gur 64 4650.00

More

×