Adani Group's $1.2 Billion Copper Plant To Boost India's Metal Production
Billionaire Gautam Adani-led group is building the world's largest single-location copper manufacturing plant at Mundra in Gujarat. The plant will help cut India's dependence on imports and aid energy transition. The 1.2-billion dollar facility will start operations of the first phase by March-end. It will achieve its full-scale 1 million tonnes capacity by 2029. India joins China and other nations that are rapidly expanding production of copper, a metal crucial for transition away from fossil fuels.
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Billionaire Gautam Adani-led group is building the world's largest single-location copper manufacturing plant at Mundra in Gujarat. The plant will help cut India's dependence on imports and aid energy transition. The 1.2-billion dollar facility will start operations of the first phase by March-end. It will achieve its full-scale 1 million tonnes capacity by 2029. India joins China and other nations that are rapidly expanding production of copper, a metal crucial for transition away from fossil fuels.
