Chilean state-owned miner Codelco said on Friday it has signed a non-binding agreement with India’s Adani Group to explore copper projects in Chile, expanding efforts by the world’s largest copper producer to deepen international partnerships and secure long-term development opportunities.

The agreement, signed with Adani’s Kutch Copper subsidiary, will enable both companies to review three copper projects in Chile and sets out a framework that could lead to joint development in the future, Codelco said in a statement. The deal allows for the exchange of technical, legal and geological information on the projects as the companies assess potential collaboration.

Adani, which is building one of the world’s largest copper smelters in India, has been seeking upstream opportunities to secure

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