Companies are now gearing up to acquire SWIL, which has the country's third largest copper smelter. Promoted by the Khaitan's SWIL is also the largest secondary copper smelter which uses a blend of both copper scarp and concentrate to make finished products. The copper cum refinery project is in Bharuch in Gujarat. Currently, Indo Gulf, Sterlite and the lord Raj Bagri promoted Metdist are in a race to acquire the company. Metdist is also said to be a hot contender for Hindustan Copper.
NSTL
