The operator of India's biggest copper smelter, Birla, has entered an agreement to source copper concentrate locally at a time of global mined copper tightness.
Hindalco Industries said on Thursday September 17 that it has signed a memorandum of understanding (MoU) with the state-owned Hindustan Copper to procure copper concentrates from the latter's local mines.Under the MoU, Hindustan Copper will deliver 60% of the copper contained in its mined concentrate to Birla copper smelter...