M&ABusinessLine
Adani Kutch Copper signs MoU with Codelco
Positive+22
GreyOak summary
Adani Enterprises' subsidiary Kutch Copper Ltd signed a Memorandum of Understanding with Chile's state-owned Codelco to explore the Kaburkaala copper project. The partnership aims to secure long-term copper access for India's integrated supply chain, supporting renewable energy and manufacturing sectors. Key executives from both entities signed the agreement at LME Week 2026.
What it affects
- CopperPositive +22
Supply chain access for electrification and manufacturing.Rolling sentiment Positive +19