Published on Mar 30, 2024
Current Affairs
world's largest single-location copper manufacturing plant
world's largest single-location copper manufacturing plant

♦ Adani Group started the first phase of its maiden copper plant at Mundra in Gujarat. This is the world's largest single-location copper manufacturing plant. Adani Enterprises is investing nearly USD 1.2 billion to set up a copper smelter with 0.5 million tonnes capacity in the first phase. The full-scale 1 million tonnes capacity is expected by FY29 (March 2029).

♦ India's per capita copper consumption is estimated around 0.6 kg compared to the global average of 3.2 kg. India's drive towards clean energy systems, increasing penetration of electric vehicles and a host of associated applications are expected to double the domestic copper demand by 2030.