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Adani Group to enter the copper business from March 2024

With a strong focus on green energy infrastructure, the company aims for annual production of 10 lakh tonnes of copper.
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In March 2024, Adani Group in Mundra, Gujarat, is launching a greenfield copper refinery project called Kutch Copper Limited. Kutch Copper aims to produce copper cathodes, copper rods, gold, silver, nickel, and selenium. Additionally, this integrated facility will also produce sulfuric acid. In India, domestic copper concentrate production is limited, necessitating the import of raw materials from Latin America. This is where Kutch Copper Limited’s integrated greenfield copper refinery plays a vital role. The refinery is located in Mundra Port, and the project’s energy requirements will be met by Adani Power or the grid, along with the provision of necessary water through desalination.

As India aims to achieve carbon neutrality by 2070, this initiative will boost the demand for copper in clean energy systems. India has witnessed a decline in its copper exports, but Kutch Copper can revitalize it with modern zero liquid discharge technologies and equipment, appealing to global markets.

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