Hindustan Copper plans to increase mine production capacity to 12.2 MTPA

State-owned Hindustan Copper Ltd (HCL) is implementing expansion projects to increase mine production capacity to 12.2 million tonnes per annum (MTPA), its CMD Ghanshyam Sharma said.

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 percent.

During  the 57th Annual General Meeting, Sharma who is holding the addition charge of Chairman and Managing Director, said that the ongoing capacity expansion project i.e. development of an underground mine below the existing open cast mine at Malanjkhand Copper Project (MCP) will augment the ore production capacity from 2.5 MTPA to 5 MTPA.

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The ore production from the open-cast mine has now been exhausted and the underground mine is operating below the existing open-cast mine leaving some barrier pillar.

The project has achieved a 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 a 60.8 percent increase for 2022-23.

The proposed expansion of mines at Rajasthan-- Khetri and Kolihan mines--will increase ore production capacity from existing one to three MTPA.

 

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The proposed expansion of Surda Mine in Jharkhand will augment its production capacity from 0.4 MTPA to 0.9 MTPA.

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