Adani Enterprises in India is expected to commission a copper smelter within the next four weeks.

Published: Apr 11, 2025 13:26


On Thursday, April 10, Felipe Williams, head of the metals business at India's Adani Enterprises Ltd., stated that the company is ready to commission a smelter within the next four weeks, which will process copper concentrates.

Speaking at a conference in Santiago, he said, "In the next four weeks, we will commission the world's largest smelter for copper and other metals."

He mentioned that the smelter, named Kutch Copper, will begin smelting in the coming weeks as part of the first phase, and the company has already received environmental approvals to increase its capacity.

Williams noted that the smelter began trial operations a month ago, producing its first batch of copper anode.

As India strives to meet the demands of its industrial and energy transition, the country's copper demand is expected to grow significantly in the coming years.

Williams said, "The smelter faces significant challenges because the current treatment and refining charges (TC/RCs) are unfavorable." "We had hoped to commission in a completely different environment, but we need to face reality; this is a long-term opportunity."


For more updates on the copper industry chain, you are welcome to attend the CCIE 2025 SMM (20th) Copper Conference & Expo, hosted by SMM, which will be held in Nanchang, Jiangxi, from April 22-25, 2025.CCIE 2025 SMM (20th) Copper Conference & Expo~

Over 3,000 industry elites, representatives from upstream and downstream enterprises in the copper industry chain, government officials, industry associations, third-party equipment, logistics and warehousing, and academic experts will gather together. The conference covers mines, smelting, copper processing, trade, recycling, and end-use applications, encompassing the entire copper industry chain.

At the event, more than 100 exhibitors will showcase the latest copper processing and smelting equipment, high-quality raw material suppliers, and new-type copper-based materials, highlighting the innovation and vitality of the copper industry.

The conference features a variety of exciting activities: the main forum focuses on global copper market trends, raw material supply, policy impacts, and market outlook. Sub-forums delve into specific areas such as electrical power transmission and distribution, secondary copper, copper-based new materials, hardware and plumbing, and ESS, exploring industry hot topics. During the conference, there will also be a two-day field trip to visit 12 representative enterprises in the copper industry with a cumulative capacity of 1 million mt, sharing cutting-edge technologies and valuable experiences to upgrade the copper industry chain and promote high-quality industry development.

CCIE 2025 SMM (20th) Copper Conference & ExpoHelps you grasp industry trends, expand your network, and seek business opportunities! SMM cordially invites you to join us in Nanchang, Jiangxi, from April 22-25, to gather in the new era of copper and jointly plan for new development!

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
LME/COMEX Copper Spread Widens Significantly in May
30 mins ago
LME/COMEX Copper Spread Widens Significantly in May
Read More
LME/COMEX Copper Spread Widens Significantly in May
LME/COMEX Copper Spread Widens Significantly in May
Copper Cross-Market Spread: Since entering May, the LME/COMEX copper spread has continued to widen. According to SMM data, the highest spread between the LME and COMEX nearby copper contracts expanded from US$108.61/mt on April 30 to US$378.5/mt on May 13, marking a notable widening within the month. Based on current spot trade feedback, no significant change has yet been observed in refined copper trade flows. At present, China’s imported copper arrivals and transactions are still mainly influenced by factors such as the import arbitrage ratio, domestic spot demand, and the execution of overseas long-term contracts.
30 mins ago
Peru's Energy Crisis Drives Copper Prices Higher, Fundamentals Under Pressure with Sluggish Consumption [SMM Copper Morning Meeting Minutes]
1 hour ago
Peru's Energy Crisis Drives Copper Prices Higher, Fundamentals Under Pressure with Sluggish Consumption [SMM Copper Morning Meeting Minutes]
Read More
Peru's Energy Crisis Drives Copper Prices Higher, Fundamentals Under Pressure with Sluggish Consumption [SMM Copper Morning Meeting Minutes]
Peru's Energy Crisis Drives Copper Prices Higher, Fundamentals Under Pressure with Sluggish Consumption [SMM Copper Morning Meeting Minutes]
SMM Morning Meeting Summary: Overnight, LME copper opened at $13,958.5/mt, fluctuated downward in early trading to touch a low of $13,901/mt, then the price center gradually shifted upward to reach $14,106.5/mt before experiencing wild swings, ultimately closing at $14,080/mt, up 1.15%, with trading volume at 25,800 lots and open interest at 273,000 lots, an increase of 1,127 lots from the previous trading day, indicating bulls adding positions. Overnight, the most-traded SHFE copper 2606 contract opened at 107,000 yuan/mt, fluctuated downward in early trading to touch a low of 106,840 yuan/mt, then the price center fluctuated upward to reach a high of 109,470 yuan/mt, after which the price center gradually shifted downward, ultimately closing at 107,720 yuan/mt, up 0.93%, with trading volume at 84,300 lots and open interest at 205,000 lots, a decrease of 1,769 lots from the previous trading day, indicating bears reducing positions.
1 hour ago
Rio Tinto Expects Copper Output to Rise 13% by 2030 Amid Global Resource Expansion
1 hour ago
Rio Tinto Expects Copper Output to Rise 13% by 2030 Amid Global Resource Expansion
Read More
Rio Tinto Expects Copper Output to Rise 13% by 2030 Amid Global Resource Expansion
Rio Tinto Expects Copper Output to Rise 13% by 2030 Amid Global Resource Expansion
Rio Tinto stated that it expects its copper production to increase by approximately 13% by 2030, mainly driven by growth from the Oyu Tolgoi project in Mongolia and the Kennecott operation in the United States. The company also noted that global copper mine development continues to face challenges including lengthy permitting processes and slow supply additions. As demand from AI, electrification, and energy transition sectors continues to grow, major mining companies are accelerating global copper resource development and long-term supply expansion strategies.
1 hour ago
Adani Enterprises in India is expected to commission a copper smelter within the next four weeks. - Shanghai Metals Market (SMM)