Adani Enterprises Ltd is set to commission a large-scale copper smelting facility within the next four weeks, according to Felipe Williams, the company’s Head of Metals. The announcement was made during an industry conference organized by the International Copper Association in Santiago, Chile.
“In the next four weeks, we’re bringing online the world’s largest metallurgical complex for copper and other metals,” Williams stated during his address. Located in Mundra, Gujarat, the facility—named Kutch Copper—is part of a phased project rollout. The upcoming launch marks the completion of Phase 1, and the company has already secured environmental clearances for future capacity expansion.
“This is a long-term play. The current environment presents challenges—particularly with treatment and refining charges (TC/RCs) currently in negative territory—but we’re moving forward,” Williams explained. “We would have preferred to begin under more favorable market conditions, but it’s important to stay committed.”
The announcement coincided with a sharp rally in copper and other base metal prices on April 10, following the U.S. administration’s decision to temporarily suspend a set of international tariffs for 90 days. The move has injected fresh momentum into global metals markets, offering a potential tailwind for producers like Adani.
Once operational, the Kutch Copper plant is expected to significantly enhance India’s refining capacity, reducing reliance on imports and supporting domestic manufacturing and infrastructure development. Kutch Copper Limited, a subsidiary of Adani Enterprises, is spearheading the group’s foray into the non-ferrous metals sector with a focus on copper production.
The company is currently developing a large-scale copper smelter complex in Mundra, Gujarat, aimed at reducing India’s import dependence on refined copper. Once operational, the facility will be among the largest single-location copper production units in the world. Kutch Copper’s entry into this segment aligns with India’s increasing demand for copper, driven by growth in renewable energy, electric vehicles, and infrastructure. The project underscores Adani’s commitment to building integrated, self-reliant industrial capabilities in the country.