Hindustan Copper Plans 30% Output Boost Amid AI-Driven Demand Surge

Published: May 19, 2026 09:54

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India’s state-owned Hindustan Copper said it plans to increase copper production by nearly 30% this fiscal year. The company believes rising demand from AI data centers, electric vehicles, and global power-grid upgrades will continue tightening copper markets worldwide. Executives noted that global copper supply remains constrained, supporting expectations for sustained high prices. Analysts say Asian economies are increasingly accelerating domestic copper development strategies to secure future supply.

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