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Hindustan Copper chalks out strategy to ramp up output to 20 MT by 2024

15 Jan 2019 Evaluate

Hindustan Copper has chalked out a strategy, which includes reopening of closed mines, to augment production capacity to up to 20 million tonne per annum by 2024. The company's current capacity of copper ore is 3.8 million tonne per annum (MTPA). The company is planning to raise the capacity to 4.1 MTPA by the end of the current financial year (FY19).

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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