JSW Group is entering the copper industry with plans to set up a 500,000 metric ton capacity copper smelter in Odisha by 2028-29. The group will invest around INR 120 billion for the new smelter facility.

Mar 20, 2025

JSW Group is entering the copper industry. The company plans to set up a 500,000 metric tonnes of copper smelter in Odisha by 2028-29. The company will get copper concentrate from Peru and Chile, according to Reuters.

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The group will invest around INR 120 billion for the new smelter facility and plans to scale up the capacity to 1 million metric tons by 2033-34, as per the report. Earlier in January, JSW Group announced an investment of USD 301.22 million to operate two copper mines from government-owned Hindustan Copper for a period of 20 years, with the option to extend it for another decade.
or another decade.

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JSW also aims to feed its planned electric vehicle and battery manufacturing facilities with the copper produced from this new smelter facility in Odisha.