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Adani’s Kutch Copper and Caravel Minerals Sign Strategic MoU to Fast-Track $1.7 Billion Australian Copper Project

Caravel Minerals and Adani’s subsidiary Kutch Copper have signed a non-binding MoU to collaborate on the Caravel Copper Project in Western Australia. The partnership aims to accelerate development towards a Final Investment Decision in 2026, with exclusive life-of-mine offtake rights for Kutch Copper at its Gujarat smelter.

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