Tag: non-ferrous market India
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India: 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…