Hindustan Copper (HCL) has appointed M/s South West Mining (SWML) as the Mine Developer cum Operator (MDO) for reopening and expansion of Rakha Copper Mine, development of a new underground mine at Chapri and commissioning of a new concentrator plant for a period of 20 years, extendable by another 10 years. The mining operation in Rakha Mine was suspended since 2001 on account of unviable operations. The Mining Services Agreement was signed on January 9, 2025 between HCL and SWML at Ranchi.
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.
| Company Name | CMP |
|---|---|
| Hindalco | 1038.95 |
| Vedanta | 787.60 |
| Hindustan Zinc | 592.35 |
| Jain Resource Recycl | 420.90 |
| Gravita India | 1639.80 |
| View more.. | |
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