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Hindustan Copper reports 41.22 lakh tonnes production of Copper ore in FY19

05 Apr 2019 Evaluate

Hindustan Copper (HCL) has been robust in the financial year 2018-19. The Company's Copper ore production of 41.22 lakh tonnes is the best in the last twenty years (12% higher than that of the last fiscal year). The Metal-inconcentrate (MIC) production of the only vertically integrated Copper miner of India is 32,439 tonnes in 2018-19, which is the best in last sixteen years.

The ore production of the flagship Unit of HCL, Malanjkhand Copper Project, has been at an all-time high of 25.42 lakh tonnes during the fiscal year. Total Copper sales volume during FY 18-19 has been 38,321 tonnes which is the highest in last nine years.

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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