The concentrate would directly feed into KCL’s state-of-the-art $1.2 billion (1.8 billion Australian dollars) Kutch Copper Smelter, the world’s largest single-location copper facility, set up in Gujarat, India. (Photo Source: Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Caravel Minerals Ltd announced the signing of a non-binding memorandum of understanding with Kutch Copper Ltd, a subsidiary of Adani Enterprises Ltd, paving the way for a strategic collaboration on the flagship Caravel Copper Project in Western Australia’s Murchison region.
Under the MoU, the companies will explore investment and offtake opportunities to accelerate development of the project towards a Final Investment Decision in 2026, combining Caravel's world-class resource with Adani’s smelt

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