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Adani Kutch Copper signs MoU with Codelco

Positive+11

GreyOak summary

Adani Group's Kutch Copper Ltd signed an MoU with Chile's state-owned Codelco to explore the Kaburkaala copper project. The partnership aims to secure long-term copper supplies for India's industrial and energy demands by connecting Chilean deposits with Adani's Mundra smelting facility. The agreement was formalized during LME Week 2026 in London.

What it affects

  • CopperPositive +11

    Supply chain resilience for copper secured.Rolling sentiment Positive +19

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