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Hindustan Copper to increase mine production capacity to 12.2 MTPA

27 Sep 2024 Evaluate

Hindustan Copper (HCL) is implementing expansion projects to increase mine production capacity to 12.2 million tonnes per annum (MTPA). The move will boost domestic production of copper and reduce dependence on imports. The company achieved ore production of 3.78 million tonnes in FY'24 against 3.35 MT in FY'23, registering a rise of 13 per cent.

The ore production from open cast mine has now exhausted and underground mine is operating below existing open cast mine leaving some barrier pillar. The project has achieved seamless transition from open cast to underground mine in 2023-24 with ramping up of ore production from Malanjkhand Underground mine to 22.48 lakh tonne which is about 60.8 per cent increase with respect to 2022-23.

The proposed expansion of mines at Rajasthan -- Khetri and Kolihan mines--will increase ore production capacity from existing one to three MTPA. The proposed expansion of Surda Mine in Jharkhand will augment its production capacity from 0.4 MTPA to 0.9 MTPA.

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

556.65 4.75 (0.86%)
22-Apr-2026 14:44 View Price Chart
Peers
Company Name CMP
Hindalco 1039.35
Vedanta 758.50
Hindustan Zinc 606.25
Jain Resource Recycl 415.10
Gravita India 1630.00
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