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Hindustan Copper seeks investment nod from CCEA for copper project

20 May 2017 Evaluate

Hindustan Copper has prepared a feasibility report for a project to manufacture copper cathode from sulphide copper concentrate through a state-of-the-art Hydro-Metallurgy technology. The capacity of the proposed plant is 1.0 lakh tonne per annum at an estimated cost of Rs 3,025 crore. The company has initiated process to obtain investment approval from CCEA, Government of India.

Hindustan Copper’s principal activities include mining of copper ore, concentration of copper ore into copper concentrate through a beneficiation process and also smelting, refining and extruding of the copper concentrate into refined copper in downstream saleable products.



Peers
Company Name CMP
Hindalco Industries 942.30
Vedanta 258.90
Hindustan Zinc 565.30
Jain Resource Recycl 292.60
CMR Green Tech 225.00
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