Hindustan Copper draws up Rs 5,500-crore ore expansion capacity

Hindustan Copper draws up Rs 5,500-crore ore expansion capacity

Hindustan Copper draws up Rs 5,500-crore plan to expand its ore capacity

The company targets to complete the fist phase of the plan, which will take its capacity to 12.2 mtpa, by 2028-29. HCL is the lone copper producer in the country. Its ore output is used solely for captive purpose. The PSU operates mines at Malanjkhand in Madhya Pradesh, Khetri in Rajasthan, and Surda and Kendadih, both in Jharkhand. Rakha mine in Jharkhand has been closed since August 2021, but the company is seeking to renew the licence for the mine.

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