LME approves Adani's major copper smelter in India as listed brand

The London Metal Exchange has approved Kutch Copper, owned by Adani Enterprises, as a listed brand, with warrants issuable from July 10. The 1.2 billion dollar facility in Gujarat has an annual production capacity of 500,000 metric tons and is described as the world's biggest single-location copper smelter. The approval is expected to help reduce India's reliance on imported copper, which stood at 238,080 tons in 2025.