New Delhi, Jan. 27 -- Billionaire Sajjan Jindal-led JSW Group on Monday said that it has won the mine operator and developer (MOD) contract of two blocks of copper mines in Jharkhand from the state-owned Hindustan Copper Ltd (HCL).
The project involves operationalizing the two mines and setting up of a copper concentrator plant, with the total capital investment estimated to be Rs 2,600 crores. On full-scale ramp up, the mines will have an ore capacity of 3 million tonne per annum (MTPA).
The mines are expected to become part operational in the second half of financial year 2026-27 (H2 FY27).
"This strategic move marks JSW Group's entry into the mining of non-ferrous metal sector, in keeping with its vision to diversify and meet the incr...