Adani Group's Mundra copper smelter plant will be a low-cost producer with higher metal recovery that will enable them to remain competitive in the market.
Gautam Adani-led Adani Group has signed an agreement to refinance $3.5 billion of loans taken to acquire ACC Ltd and Ambuja Cement. The refinancing program was concluded with international banks such as DBS Bank, First Abu Dhabi Bank, Mizuho Bank, and MUFG Bank. This move is expected to save the conglomerate s cement vertical around $300 million.