Regulatory Certification Achievement
Kutch Copper Limited (KCL), a wholly owned subsidiary of Adani Enterprises Limited, has achieved London Metal Exchange (LME) brand registration for its 'Adani Copper' Grade-A cathodes. The LME approval was granted with warrants eligible for issuance starting from July 10, 2026.
Manufacturing and Operational Details
- KCL operates one of the world's largest single-location custom copper smelters located at Mundra with an annual production capacity of 0.5 million tonnes
- The facility represents a USD 1.2 billion investment
- The smelter is designed with state-of-the-art technology, advanced process automation, and sustainability-led design principles
Strategic and Market Implications
- LME certification validates KCL's manufacturing excellence and responsible sourcing practices against strict global benchmarks
- Enables Adani Copper cathodes to be delivered against LME Copper futures contracts
- Enhances financing flexibility as LME-listed metal can be used as collateral
- Strengthens India's role in the global copper supply chain and reduces reliance on imported copper
- Supports India's 'Aatmanirbhar Bharat' (self-reliance) ambitions in the metals sector
Management Commentary
Dr. Vinay Prakash, CEO – Natural Resources, Adani Enterprises, and Managing Director, Kutch Copper Limited, stated: "Copper is the backbone of the global energy transition. Achieving LME brand status places Adani among the world's leading copper producers and strengthens India's role in building a resilient, responsible supply chain for this vital metal. Kutch Copper's world-class infrastructure and ESG standards make this recognition both timely and well deserved. It will enhance the global acceptance of Adani Copper."
About Kutch Copper Limited
Kutch Copper Limited is part of the metals and mining portfolio of the Adani Group and manufactures high-quality copper Grade A cathodes and other value-added products to serve domestic and international markets.