Adani’s giant copper plant hits technical setbacks in first year

Billionaire Gautam Adani’s $1.2 billion copper plant has hit a string of technical setbacks since it was commissioned ten months ago, raising concerns about the future of an operation vital to adding supply outside China. Adani Enterprise Ltd.’s Kutch plant has yet to produce meaningful volumes of copper as a result of the engineering trouble, and closed for repair work in late March, according to people familiar with the matter, who asked not to be named due to the sensitivity of the issue. It was not clear if the operation had since restarted. According to data from India’s Ministry of…