Hindustan Copper to quadruple mine capacity

HCL's copper ore production fell marginally 3.8 mt as against 3.9 mt during 2015-16

Hindustan Copper Ltd (HCL) is implementing mine expansion projects to increase production capacity by four times. It is also investing Rs 3,025 crore to set up a plant in Chhattisgarh with a 0.1-million-tonne per annum (mtpa) capacity.

In HCL’s annual general meeting, Chairman and Managing Director K D Diwan, said, “The company’s flagship project, Malanjkhand (Madhya Pradesh) underground mine of five mtpa annual capacity, is progressing well. It is expected that ore production from the underground mine will commence from December 2018.”

It has also appointed a mine development officer for the Banwas mine at Khetri (in Rajasthan) and has