Ahmedabad, July 7 (IANS) Kutch Copper Limited (KCL), a subsidiary of Adani Enterprises Ltd, has earned London Metal Exchange (LME) certification for ‘Adani Copper,’ according to a statement issued by the company on Tuesday.
“Approval by the world centre for the trading of industrial metals validates KCL’s manufacturing excellence and responsible sourcing practices against strict global benchmarks, enabling Adani Copper cathodes to be delivered with warrants eligible for issuance against LME Copper futures contracts from July 10, 2026,” the statement said.
For the Adani Group, LME’s listing of Adani Copper as a Good Delivery brand for ‘Copper Grade A’ contracts places the brand alongside the world’s leading copper brands, conferring international recognition and market credibility on the Group’s entry into the metals sector and its emergence as a globally competitive producer of refined copper.
“Copper is the backbone of the global energy transition. Achieving LME brand status places Adani among the world’s leading copper producers and strengthens India’s role in building a resilient, responsible supply chain for this vital metal. Kutch Copper’s world-class infrastructure and ESG standards make this recognition both timely and well-deserved. It will enhance the global acceptance of Adani Copper. Apart from reinforcing India’s growing stature in the international metals industry, the registration is a landmark step towards self-reliance in refined copper,” Adani Enterprises’ CEO, Natural Resources, and Kutch Copper Ltd Managing Director Dr Vinay Prakash said.
An LME-brand certification is a rigorous process involving superior quality assurances — covering chemical composition, shape and weight — alongside strict responsible sourcing protocols. The LME listing enables Adani Copper cathodes to be placed on warrant in LME-approved warehouses, strengthening financing flexibility as LME-listed metal is recognised as a highly liquid asset that can be used as collateral. For the LME, the addition of Adani Copper broadens the exchange’s deliverable base with high-quality cathode from a major new production hub, deepening the liquidity and geographic diversity of the global copper market.
The $1.2 billion Kutch Copper facility with production capacity of 0.5 million tonnes — one of the world’s largest single-location custom copper smelting complexes, designed with state-of-the-art technology, advanced process automation, and sustainability-led design principles embedded across operations — strengthens domestic supply, reduces the nation’s dependence on imported copper, and advances India’s ‘Aatmanirbhar Bharat’ ambitions in a metal central to electrification, renewable energy and the energy transition, the Adani Group statement added.
–IANS
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