{
  "id": 18457727,
  "title": "Adani’s copper smelter targets up to 85% utilisation",
  "url": "https://urgent.news/2026/11/06/adanis-copper-smelter-targets-up-to-85-utilisation",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-06T06:35:44.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/adanis-copper-smelter-targets-up-to-85-utilisation-by-march-on-assured-supplies/articleshow/135596554.cms"
  },
  "original_language": "en",
  "account": "Mumbai: Adani Group anticipates reaching 85% capacity utilization at its copper smelter, Kutch Copper, according to a senior executive. The company has secured long-term and short-term contracts for the majority of its copper concentrate requirements, with no notable procurement challenges reported. Copper mining is geographically concentrated, with the top three producers responsible for nearly half of global output. Kutch Copper, established in 2024, aims to ramp up towards its initial capacity of 500,000 tonnes. As of the September quarter, the smelter operated at 64% utilization, producing 80,200 tonnes of copper and generating 80,600 tonnes of revenue. EBITDA for the half-year stood at Rs 2,033 crore, surpassing the operating loss of Rs 320 crore from the previous year. While margins are expected to stabilize around 5% in the long run, they currently hover around 8.6%.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}