Hindustan Copper is aiming to achieve a capex target of Rs 1100-1200 crore in 2019-20, around double the figure of FY18. The company’s total capex in the last fiscal was Rs 592.43 crore.
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.