The London Metal Exchange has approved the Adani Copper brand for delivery against its copper contracts, the exchange announced on Friday. Warrants for the brand can be issued starting July 10, though LME-registered warehouses holding the metal must report the brand in their off-warrant stock immediately. The brand comes from Kutch Copper, owned by Adani Enterprises and one of India’s largest copper smelters with an annual capacity of 500,000 metric tons. The company sought LME registration in August 2025. This $1.2 billion facility in Gujarat is described as the world’s largest single-location plant of its kind and is expected to cut India’s dependence on imported copper. India imported 238,080 tons of refined copper in 2025, an 18 percent drop from the prior year, with Japan as the top supplier.

Credit:
https://economictimes.indiatimes.com/markets/stocks/news/lme-approves-adanis-major-copper-smelter-in-india-as-listed-brand/articleshow/132166327.cms
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