29 Sep 2025 | 5 Mins Read
Hindustan Copper expects stable prices amid global supply shortages
Flipitmoney
Hindustan Copper's Chairman Sanjeev Kumar Singh expects copper supply to remain constrained through 2025-2026 due to disruptions like Indonesia's Grasberg mine closure and rising demand, with AI data centres driving significant demand. The company aims to produce 4 million tonnes of ore and 30,000 tonnes of metal in 2024, with plans to triple mining capacity to 12 million tonnes by 2031.