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.

2026 TC/RC benchmark
$0per tonne · lowest on record

A plant fed entirely on copper scrap sidesteps that market, giving India's electrorefining industry a domestic anode supply insulated from concentrate economics.

Concentrate-independent Feed is copper scrap only — no concentrate. By design it sits outside the concentrate market. See the planned process Feed pipeline An established procurement channel for copper scrap across India gives the venture early access to a reliable feed pipeline. About the promoters For refiners An offtaker securing domestic anode supply? We'd value the conversation. Partner with us
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Built for refiners, lenders and scrap suppliers.