Adani’s Kutch Copper and Codelco Strike Exploration Deal in Chile

Kutch Copper Limited (KCL), a subsidiary of the Adani Group, has entered into a strategic Memorandum of Understanding (MoU) with Chile’s state-owned copper producer, Codelco, for the exploration of the Kaburkaala copper project in northern Chile. Executed during LME Week 2026 in London in the presence of Jeet Adani (Director, KCL), Vinay Prakash (CEO, Adani Natural Resources), and Bernardo Fontaine (Chairman, Codelco), the agreement sets the foundation for upstream resource cooperation and downstream integration with KCL’s copper smelter complex in Mundra, Gujarat. This initiative aligns with Adani's global resource strategy to secure critical minerals and fortify India’s supply chain across renewable energy, electrification, advanced manufacturing, and technology sectors.

News by Rahul  Yelligetti.