JSW Group has a won a bid to secure two copper mining blocks in the eastern Indian state of Jharkhand from state-owned Hindustan Copper Ltd., expanding its business into mining of non-ferrous metals.

JSW Group secured the contract via a competitive bidding process for a 20-year term, with the possibility of a ten-year extension.

India's steel-to-power conglomerate JSW Group will invest 26 billion rupees ($301.2 million) to set up operations at two copper mines, the company said on Monday, foraying into mining non-ferrous metals as steel prices fall.

The group has won two blocks of copper mines in Jharkhand from state-owned Hindustan Copper, and these are expected to be partly operational in the second half of 2026-27 (April-March). Once fully ramped up,

JSW Group invests Rs 2,600 crore in copper mining to support India's industrial growth and reduce import dependency.

India's steel-to-power conglomerate JSW Group will invest 26 billion rupees ($301.2 million) to set up operations at two copper mines as it forays into mining non-ferrous metals, the company said on Monday.

The group has won two blocks of copper mines in the eastern mineral-rich state of Jharkhand from Hindustan Copper.