Washington. Kutch Copper Limited, part of the Adani Group, has joined the International Copper Association (ICA) as its newest member. ICA is a non-profit trade association representing half of the world's copper production, with 33 members on six continents.
Strategically located in Mundra, Gujarat, Kutch Copper is a wholly owned subsidiary of Adani Enterprises, the group's flagship incubator. Adani Enterprises is investing about $1.2 billion to set up a copper smelter with an initial capacity of 0.5 million tonnes per annum (MTPA) in the first phase. Kutch Copper's state-of-the-art facility will also produce copper cathode, rod and other by-products, which will significantly contribute to India's goal of becoming self-reliant in copper production.
On joining ICA, Dr. Vinay Prakash, Managing Director, Kutch Copper, said that India is set to become an important hub for copper and its products in the coming decades. We believe that Kutch Copper's membership in ICA will allow us to actively contribute to sustainability initiatives and develop innovative applications and products in the copper sector. We look forward to collaborating with the global copper community to enhance the value chain for this essential metal, which plays a critical role in the transition to net zero.
Expressing his excitement for the new partnership, ICA President and CEO Juan Ignacio Diaz said, “We are delighted to welcome Adani Metals Kutch Copper Limited to our community. Their efforts in advancing sustainable and innovative copper production strengthen our collective mission to promote, preserve and defend copper's essential role in enabling the technologies and infrastructure needed for global decarbonization. With their presence, we are particularly excited to support the growth of copper in areas where its key applications are expanding.
Glencore's Stephen Rowland, Chairman of the ICA Board, said KCL's membership of the ICA reinforces our commitment to promoting sustainable practices and developing new applications for copper. We are excited to collaborate with them and support their efforts to bring positive change in the industry.
Upon successful completion of the second phase, which will add a similar capacity, Kutch Copper will achieve a total capacity of 1 MTPA, positioning it as one of the largest single-location custom copper smelters globally. The company is committed to maintaining high environmental, social and governance (ESG) performance standards by leveraging advanced technology and digitalization. Kutch Copper is working towards adding copper tubes to its portfolio as part of its forward integration strategy.
About Kutch Copper Limited
Kutch Copper Limited (KCL), a wholly owned subsidiary of Adani Enterprises, the premier incubator of the Adani Group, is setting up a state-of-the-art greenfield copper custom smelting and refining complex. Positioned to become a major contributor to India's green energy infrastructure, KCL is committed to meeting the country's growing copper demand. The company focuses on sustainable and innovative production practices, aligning with India's broader vision of promoting economic growth and development. KCL operates within the metals and materials vertical, one of the four core business sectors of the Adani Group, along with the energy and utilities, transportation and logistics, and consumer verticals.
About International Copper Association
The International Copper Association (ICA) is the voice of copper and works to promote copper's story, protect its markets, and sustain and sustain demand for it. We are a non-profit trade association representing half of the world's copper production, with 33 members across 6 continents. Our headquarters is in Washington D.C. We are based in the United States and operate in the United States, Europe, Asia and Latin America.
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