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Kutch Copper Ltd, a subsidiary of Adani Enterprises, has joined the International Copper Association (ICA), a non-profit trade organization representing 50% of global copper output. The ICA has 33 members on six continents, with its headquarters in Washington, DC. The membership aims to enable Kutch Copper to contribute to sustainable initiatives and develop innovative copper products, as well as enhance the value chain for the metal in India and globally. The company’s Managing Director, Dr. Vinay Prakash, expressed his optimism about the partnership, highlighting India’s potential to become a significant hub for copper and its products in the coming decades.
ICA President and CEO, Juan Ignacio Diaz, welcomed Kutch Copper to the organization, emphasizing the importance of sustainable and innovative copper production in promoting the metal’s role in decarbonization. ICA’s Chairman, Stephen Rowland, added that Kutch Copper’s membership strengthens the organization’s commitment to promoting sustainable practices and developing new copper applications.
Kutch Copper is investing USD 1.2 billion in a greenfield copper smelter with an initial capacity of 0.5 million tons per annum. The facility will produce copper cathodes, rods, and other byproducts, contributing to India’s goal of becoming self-reliant in copper production. The company is committed to maintaining high environmental, social, and governance (ESG) performance standards, leveraging advanced technology and digitalization.
Kutch Copper is also working towards adding copper tubes to its portfolio as part of its forward integration strategy. The company aims to establish a state-of-the-art greenfield copper custom smelting and refining complex. With this new membership, Kutch Copper has become a key player in the global copper industry, committed to sustainability, innovation, and growth. The partnership with ICA is expected to further enhance the company’s strategic position in the industry and contribute to the global copper market.