Archive · 21 Nov 2025
Adani, Codelco Sign Non-Binding Pact for Copper Projects
India's Adani Group and Chile's Codelco have agreed to explore copper projects in Chile together.
This is because copper is needed for India's growing industries and to make electric cars and renewable energy.
Codelco wants to find more places to mine copper and work with other companies to do so.
Adani Group and Codelco sign non-binding agreement for copper projects in Chile
Adani seeks upstream opportunities to secure copper for India's industries
Codelco aims to diversify project pipeline and secure long-term development
Copper demand expected to rise due to electric vehicles and renewable energy
Partnership aligns with long-term needs of both companies' markets
- Who
- Adani Group and Codelco
- What
- Signed non-binding agreement to explore copper projects in Chile
- When
- Friday
- Where
- Chile
- Why
- To secure long-term copper supply and diversify project pipeline
Adani Group's Perspective
Codelco's Perspective
Copper Supply for India
Adani Group's Perspective
Adani seeks reliable raw material supplies for India's fast-growing industrial and clean energy sectors
Codelco's Perspective
Codelco sees an opportunity to secure long-term development opportunities and diversify its project pipeline
- Projected Copper Demand Increase
- Over the next decade
- Adani's Copper Smelter Capacity
- One of the world's largest
- Codelco's Production Challenge
- Facing declines due to project delays and ageing deposits
- Codelco's Internationalisation Strategy
- To secure long-term development opportunities
- Copper's Role in Electric Vehicles and Renewable Energy
- Crucial for production and transmission infrastructure