State-owned Hindustan Copper (HCL) is planning to invest about Rs 533 crore to triple its production capacity at its Khetri Copper Complex (KCC) in the next five years. The company has taken this step to enhance the ore production of KCC mines from current 1 million tonnes (MT) to 3.1 MT.
KCC’s production had come down to 1 MT in 2011-12 from 1.5 MT in 2008-09, however its production cost was increasing. KCC has a highest cost of production among all operating mines of the company.
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.
