Hindustan Copper Plan expansion but India will have to rely on exports.

India’s state copper miner plans $800m expansion While at one end elections in one part of the southern India is fought on STERLITE COPPER and it expansion plans we have Hindustan Copper going on an expansion drive. A country like India can handle this contradiction. Hindustan Copper is small player compared to Sterlite. Its production is a mere 40,000 tonnes of copper per year. With Sterlite Closure the demand for copper has sky rocketed. A developing country like India has enormous demand for copper on a continuous basis. It makes sense to be self sufficient rather than relying on imports. …

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