Tag: Global ore squeeze stalls Adani’s $1.2 billion copper smelter

Smelter fails to source even 10% of annual concentrate requirement Mine disruptions tighten ore supply, lift treatment & refining charges Indian tycoon Gautam Adani’s $1.2 billion copper smelter in Gujarat is struggling to secure enough raw material, as a global ore shortage tightens supply for smelters worldwide. Kutch Copper Ltd., which began operations in June…