CODELCO CHILE DEAL
Mundra to Chile, Adani amps up the volume of its heavy metal rock
Adani Group has signed an agreement with Codelco to explore a copper project in Chile. This partnership aims to ensure a secure supply of copper for its operations in Mundra, Gujarat. The agreement comes amid rising copper demand in India and a need for more imports.
Adani eyes Chile's copper riches: Kutch Copper and Codelco sign MoU to explore Kaburkaala project
Adani Group's Kutch Copper Ltd has signed an MoU with Chile's state-owned Codelco to explore the Kaburkaala copper project in northern Chile. The partnership aims to combine Adani's investment and technical capabilities with Codelco's geological expertise, potentially securing long-term copper supplies for the group's Mundra smelter as India seeks to strengthen its domestic copper supply chain.
Hindustan Copper eyes Chile mines, plans concentrate sales to Hindalco, Adani
Hindustan Copper plans to sell copper concentrate from acquired mines to Hindalco and Adani. The company is also discussing a joint venture with Chile's Codelco for mining operations. India's mines secretary confirmed discussions for four copper mining blocks from Codelco. Due diligence is ongoing for a potential joint venture with partners like Coal India. Mining operations are expected to commence within a decade, securing future supply.
Codelco, Microsoft sign AI deal for mining operations
CODELCO-Codelco, Microsoft sign AI deal for mining operations
An FTA no one is talking about can give India a strategic edge
India is in advanced talks with Chile on a comprehensive free trade agreement that could give it long-term access to key critical minerals such as lithium, copper, cobalt and molybdenum, which are essential for electric vehicles, electronics and clean energy. At a time when mineral supply chains are becoming strategic tools in global politics, the proposed pact could support India’s manufacturing growth and energy transition.
This startup may have the key to unlock millions of tons of copper
In what could prove a game changer for global supply, a US startup says it’s solved a puzzle that has frustrated the mining world for decades.
