Chile’s national copper company, Codelco, will supply copper concentrates to the Adani Group’s $1.2bn (Rs102.42bn) smelter, known as Kutch Copper, in Gujarat, India, reported Reuters. The partnership was solidified during a meeting between Codelco’s chairman, Maximo Pacheco, and Adani Group chairman Gautam Adani at the conglomerate’s headquarters in Ahmedabad, Gujarat. Codelco is expected to commence supplies to the smelter this year. Kutch Copper Limited (KCL), a subsidiary of Adani Enterprises, is developing the one million tonne per annum (mtpa) copper complex in Mundra, Gujarat, to reduce import reliance. This ... (full story)