LOHUM bags new contract from Hindustan Copper in Gujarat
Sustainable critical minerals & advanced materials maker Lohum Cleantech Private Limited has bagged a new contract from Hindustan Copper Ltd (HCL). The firm has been awarded rights to restart, upgrade, and maintain the 50,000-tonne-per-annum Copper Project at Jhagadia, Gujarat.
LOHUM has signed a 20-year revenue-sharing agreement, potentially extendable by 5 years. During the tenure, the firm aims to produce 99.9997 per cent pure Grade-A copper cathodes, fulfilling India’s increasing demand.
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