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Hindustan Copper seeking shareholders, Govt approval to sell assets of Malanjkhand plant

26 Sep 2024 Evaluate

Hindustan Copper (HCL) has considered and recommended the proposal for sale / disposal of the entire assets of Copper Ore Tailing (COT) Beneficiation Plant located at Malanjkhand Copper Project, a unit of HCL for seeking shareholders' approval and Government of India approval. The Board of Directors of the company at its meeting held on September 25, 2024 has considered and recommended the same.

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 981.90
Vedanta 264.35
Hindustan Zinc 576.05
Jain Resource Recycl 284.70
CMR Green Tech 216.55
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