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Hindustan Copper eyeing 25% growth in ore production in FY20

28 May 2019 Evaluate

Hindustan Copper is eyeing a 25% growth in ore production to 51.5 lakh tonne in fiscal 2019-20. The company has set a revenue from operations target of Rs 2,000 crore, and capex of Rs 600 crore -- mainly for mine expansion projects.

The company has also signed a memorandum of understanding with the Ministry of Mines, outlining the performance targets for this fiscal -- raising copper ore production to 51.5 lakh tonne from 41.22 lakh tonne in 2018-19.

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.

Hindustan Copper Share Price

556.55 23.35 (4.38%)
26-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco Industries 1058.00
Vedanta 286.65
Hindustan Zinc 627.00
Jain Resource Recycl 289.25
CMR Green Tech 218.75
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