India's Adani, Hindalco seek Peru copper assets as demand surges

Reuters
2025.12.05 04:36
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Indian companies Adani and Hindalco are exploring investments in Peru's copper sector amid rising demand. Peru, a major copper producer, is negotiating a free trade agreement with India to secure copper supply chains. Adani and Hindalco are in early stages of investment exploration, with India aiming to source most of its copper concentrate from overseas by 2047. Free trade talks, including copper supply, are in final stages, expected to conclude by May.