Astenzo Industries — Refinery-grade copper anodes from scrap

Why Astenzo

A bankable, concentrate-independent anode source.

Concentrate-independent

Feed is copper scrap only — no concentrate. By design it sits outside the concentrate market, where the 2026 TC/RC benchmark settled at $0/tonne, the lowest on record.

Refinery-grade quality

Designed to fire-refine and pole to ~99.3% Cu, then cast to a ≤±3 kg tolerance at a ≥98% qualification target — anodes built to drop straight into the tankhouse.

Port-side logistics

An ~18-acre site in Gandhidham, ~45 km from Mundra Port and near Kandla — short, reliable lanes for inbound scrap and outbound anode despatch.

The company

A new company, built on metals-sector depth.

Astenzo Industries Private Limited is a newly incorporated entity formed specifically to manufacture and supply copper anodes. The company is new; its promoters are not — they bring established networks, metallurgical know-how and commercial discipline from years in the metals trade.

01 / Promoters

8+ years

Promoter experience

Combined experience across ferrous and non-ferrous metals trading, including a director of a leading North-India lead-acid battery recycling plant (Grafel India, Neemrana). Hands-on across raw-material sourcing, metallurgy and quality, and the realities of metal pricing and working-capital management.

02 / Feed

Pan-India

Established sourcing channels

An established procurement channel for copper scrap across India gives the venture early access to a reliable feed pipeline — one of the most important success factors for a secondary-copper plant.

03 / Vision

Long-term

A domestic anode-supply partner

To become a trusted, long-term domestic anode-supply partner to India's growing copper-refining industry — anchored to a flagship refinery in the Kutch corridor — and to grow capacity in step with customer demand.

The planned process

From graded scrap to cast anode, in five controlled stages.

A single duty furnace with a standby unit is designed to hold continuity; oxidation and reduction will set chemistry before molten copper is cast on the rotary disc.

Intake & sort

Copper scrap graded to No.1 bare-bright (~99%+ Cu) and No.2 light/armature (~94–97% Cu). Feed is scrap only — no concentrate.

Melt & oxidation

Tilting rotary furnace fired with natural-gas oxy-fuel; oxidation slags off impurities from the melt.

Reduction & poling

Controlled reduction and poling bring the bath to ~99.3% Cu, refinery-grade for electrorefining.

Disc casting

Molten copper cast on a rotary disc machine into 330–380 kg anodes, ~960×960 mm with two cast lugs.

Cooling & QA

Anodes cooled, weighed and checked to ≤±3 kg tolerance; ≥98% qualification across ~130–150 anodes/day.

PLATE 01 · CAST COPPER ANODES

Cast copper anodes on the casting line · representative imagery

The product

The first step toward refined copper.

A copper anode is the cast input to electrorefining. In the tankhouse it dissolves and re-deposits as high-purity copper cathode — the metal that carries the energy transition. Astenzo is being built to supply that anode, made entirely from scrap.

Where electrorefined copper goes

Power & grid

Cable, busbar and transformers for transmission, distribution and grid expansion.

Building & construction

Wiring, plumbing and architectural copper across residential and commercial builds.

E-mobility & EVs

Motor windings, charging infrastructure and battery interconnects.

Electronics & renewables

Connectors and boards for data centres, plus solar, wind and storage systems.

NDA Anode chemistry, geometry, tolerances and packing are confirmed with qualified offtakers under non-disclosure. We keep technical specifics off the public record by design.

Capacity

A phased ramp, in step with demand.

Designed for three shifts across ~330 operating days a year, with output scaling in step with commissioning.

Phase 1 · In development

1,250MT/mo

~50 MT/day · ~15,000 TPA

Phase 2 · Expansion

2,500MT/mo

Doubled throughput

Phase 3 · Target

5,000MT/mo

~60,000 TPA at full build

Portfolio

Copper anodes today — a secondary-metals platform in the making.

The same recycling discipline behind our anode project extends naturally across non-ferrous metals. Built on promoters with a metals-trading base and a lead-acid battery recycling plant, Astenzo is positioned to grow beyond copper as streams mature.

Cu 29

Copper

Flagship · in build

Refinery-grade anodes from copper scrap. Phase 1 in build at Gandhidham, scaling to ~60,000 TPA.

Pb 82

Lead

Near-term

Secondary lead recovery, drawing directly on the promoter group’s lead-acid battery recycling experience.

Al 13

Aluminium

Exploratory

Non-ferrous recovery adjacent to our metals-trading base and existing scrap channels.

Li 3

Lithium

Horizon

Battery-grade materials as recycling streams and end-of-life volumes mature.

NOTE Copper is our committed first project. Adjacent verticals reflect promoter capability and strategic direction — not committed plant capacity or current production.

2026 TC/RC benchmark

$0per tonne · lowest on record

Why it matters

When concentrate margins vanish, a scrap-fed anode source becomes strategic.

In 2026 the copper treatment- and refining-charge benchmark settled at zero — smelters that depend on concentrate lost their processing margin. A plant fed entirely on copper scrap sidesteps that market, giving India's electrorefining industry a domestic anode supply insulated from concentrate economics.

Partner with us

Built for refiners, lenders and scrap suppliers.

Whether you are an offtaker securing domestic anode supply, a lender evaluating the project, or a scrap supplier seeking a reliable buyer — we'd value the conversation.

Email info@astenzo.com

Office Office No. 14, First Floor, Rajdeep Complex, Plot No. 15, Banking Circle, Gandhidham, Kachchh, Gujarat 370201