Archive · 5 Dec 2025
Adani, Hindalco Explore Peru Copper Investments
Adani Group and Hindalco Industries are looking to invest in Peru's copper mines.
Peru is a big copper producer, and India wants to make sure it has enough copper for the future.
Both companies are in the early stages of finding good opportunities.
India is also talking to Peru about a free trade agreement to get a fixed amount of copper.
This is important because India needs a lot of copper for things like power lines and construction.
The agreement might be finished by May next year.
Adani Group and Hindalco Industries are exploring investments in Peru's copper sector.
Peru is the world's third-largest copper producer, with 2.7 million tonnes produced in 2024.
India is encouraging its mining companies to invest overseas to secure copper supply chains.
India's copper imports rose 4% to 1.2 million tonnes in the fiscal year to March 2025.
A free trade agreement between India and Peru, including a detailed chapter on copper, is expected by May 2026.
- Who
- Adani Group and Hindalco Industries
- What
- Exploring investments in Peru's copper sector
- When
- Ongoing, with potential free trade agreement by May 2026
- Where
- Peru
- Why
- To secure copper supply chains and manage potential disruptions
- Companies
- Adani, Hindalco Industries
- Country
- Peru
- Copper Production (2024)
- 2.7 million tonnes
- India's Copper Imports (FY 2025)
- 1.2 million tonnes
- Projected Copper Demand (2030)
- 3-3.3 million tonnes
- Projected Copper Demand (2047)
- 8.9-9.8 million tonnes
- Free Trade Agreement Timeline
- Expected by May 2026