{"url":"https://newsforagent.com/news/2026-11-05/adani-enterprises-kutch-copper-utilisation-target","markdown_url":"https://newsforagent.com/news/2026-11-05/adani-enterprises-kutch-copper-utilisation-target.md","title":"Adani Enterprises Copper Smelter Targets 85% Utilisation by March","headline":"Adani Enterprises' Kutch Copper Aims for 80-85% Utilisation by March on Contracted Supply","description":"Adani Enterprises expects its Kutch Copper smelter to reach 80-85% utilisation by March, up from 64% in the September quarter.","section":"Expansion","published_at":"2026-11-05T04:46:14+00:00","modified_at":"2026-11-05T04:46:14+00:00","author":"News Desk","key_takeaways":["Kutch Copper operated at 64% utilisation in the September quarter, producing 80,200 tonnes of copper and selling 80,600 tonnes.","Adani Enterprises has tied up 50-60% of concentrate needs on long-term contracts and another 20% on short-term contracts.","The smelter's September-quarter revenue was ₹14,843 crore with EBITDA of ₹1,283 crore.","Adani Enterprises plans to begin demerging incubating businesses from fiscal year 2028 onwards."],"companies":[{"name":"Adani Enterprises","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0000797/adani-enterprises","website":"https://www.adanienterprises.com"}],"source":{"publisher":"TradingView","title":"Adani's Copper Smelter Targets Up to 85% Utilisation by March on Assured Supplies","url":"https://www.tradingview.com/news/moodys:3780d3d33c401:0-adani-s-copper-smelter-targets-up-to-85-utilisation-by-march-on-assured-supplies/"},"other_sources":[],"tags":["Expansion","Adani Enterprises"],"body_markdown":"[Adani Enterprises](https://akta.pro/company-profiles/0000797/adani-enterprises) expects its Kutch Copper smelter to reach 80-85% capacity utilisation by March, up from 64% in the September quarter, after securing long-term concentrate contracts. The company had guided in July to 75% utilisation by the end of the fiscal year, [TradingView](https://www.tradingview.com/news/moodys:3780d3d33c401:0-adani-s-copper-smelter-targets-up-to-85-utilisation-by-march-on-assured-supplies/) reported. Adani Enterprises is India's largest listed business incubator and the flagship listed entity of Adani Group, operating across airports, data centers, mining, solar manufacturing and roads.\n\n## Kutch Copper's Concentrate Contracts and Output\n\nManan Vakharia, head of finance at Adani Enterprises, said the company has not seen significant challenges in procuring copper concentrate. \"We have already tied up approximately 50%-60% of our requirement (of concentrate) on the long-term basis, and on a short-term basis, another 20% is already contracted,\" Vakharia told analysts after the company's quarterly earnings. Global concentrate supplies have been tight over the past two years as smelting capacity expanded faster than mining output, and the top three producing countries account for nearly 50% of global output.\n\nKutch Copper, one of the group's incubation businesses, commissioned its smelter in 2024 and is ramping towards an initial capacity of 500,000 tonnes. It is one of only two major operational copper smelters in the country. The business produced 80,200 tonnes of copper and sold 80,600 tonnes in the September quarter, with revenue of ₹14,843 crore and EBITDA of ₹1,283 crore. Kutch Copper plans to integrate 115 MW of renewable energy at its Mundra refinery, aiming to expand smelter capacity from 500,000 to 1 million tonnes per annum, The Times of India reported.\n\n## Adani Enterprises' Incubation Pipeline\n\nAdani Enterprises announced plans to begin demerging incubating businesses including airports, data centers and green hydrogen from fiscal year 2028 onwards, according to akta.pro [company records](https://akta.pro/company-data). The company reported consolidated revenue of ₹2.92 lakh crore for FY26, up 7.4% year-on-year, and profit after tax of ₹46,376 crore, up 13.9%. Its market capitalisation recovered to ₹4.01 trillion as of June 2026.\n\n## Earlier Adani Enterprises Developments\n\nIn October 2026, Adani Enterprises completed about 60% of its ₹26,000-crore PVC plant at Mundra, spending ₹16,133 crore cumulatively, with the first phase of the one-million-tonne-per-annum facility on track for commissioning in FY28, BusinessLine reported. The same month, the company and Jabil signed a non-binding agreement to form a 50:50 joint venture for manufacturing AI and data centre equipment in India, Construction World reported. In September 2026, Jefferies said Adani Enterprises' airports business is nearing an earnings inflection point, with Navi Mumbai Airport's ramp-up and capacity expansion expected to drive growth, NDTV Profit reported.\n\n## Kutch Copper's Capacity Expansion\n\nThe 115 MW renewable energy integration at Mundra supports Kutch Copper's aim to expand smelter capacity from 500,000 to 1 million tonnes per annum, The Times of India reported. Adani Enterprises' demerger of incubating businesses is planned to begin from fiscal year 2028 onwards.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}