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The Economic Times

Economy / The Economic Times

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Adani Group, Codelco sign pact for copper exploration project

Codelco has signed an agreement with Adani Group's Kutch Copper Limited to develop the Kaburkaala copper exploration project in the country's northern Antofagasta region. Adani will finance the project, which could help secure long-term copper supplies for its Mundra smelting complex in Gujarat. The partnership comes as India looks to strengthen its overseas copper sourcing amid rising domestic demand and dependence on imports.

12 Nov 2026 7:16 am