Adani's copper plant to open next year
Adani Group's Kutch Copper Ltd. facility, with an initial capacity of 500,000 tons is all set to be operationalized next year by March. The opening of the plant will spur a sharp rise in imports of concentrate, further tightening the global supply of ore on which smelters rely.
The launch coincides with a dramatic drop in the availability of ore after the closure of a major mine in Panama and drastic cuts at operations owned by Anglo American Plc.
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