Sterlite, a subsidiary of the UK-based Vedanta mining group, runs a copper smelter in Tuticorin town.
BBC: Sterlite Industries plant
John Maynard Keynes used the example of a company considering an investment in a copper smelter which could last years and years.
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From the metals trade which is my daily bread I can tell you that no one is ever going to build another copper smelter in the US ever again.
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