Adani Copper Smelter: The first 500,000 tons of capacity at the USD 1.2 billion facility in Mundra in Gujarat is set to start operations next month, according to Vinay Prakash, chief executive officer at Adani Natural Resources.
Gautam Adani s conglomerate has secured contracts to purchase 1.6 million tons annually of copper concentrate for its Mundra-based smelter, set to become the world s largest single-location facility for the metal. The $1.2 billion plant, with an initial capacity of 500,000 tons, is slated to commence operations next month, expanding to 1 million tons by March 2029 to meet India s projected doubling of copper demand.