Hindustan Copper Ltd (HCL) is planning to establish a new concentrator plant at Malanjkhand in Madhya Pradesh with an investment of Rs 400 crore. The facility, set to have a production capacity of 3 million tonnes per annum (MTPA), is part of the company’s strategy to triple its ore production in the coming years. A senior company official confirmed that construction work is expected to begin next year.
Currently, the company operates a 2.5 MTPA concentrator plant at Malanjkhand. A concentrator plant is designed to process mined ore, separating valuable minerals from waste rock. The resulting concentrated product is then sent for further refinement stages such as smelting or refining to produce the final metal or mineral.
Sanjiv Kumar Singh, Chairman and Managing Director of Hindustan Copper, shared that the state-owned consultancy firm Mecon is preparing the technical design and tender document for the new 3 MTPA plant. The company intends to fund the construction through its internal resources.
Additionally, HCL is planning another concentrator plant with the same 3 MTPA capacity at the Rakha mine in Jharkhand. The company currently runs the Malanjkhand Copper Concentrator in Madhya Pradesh, Ghatshila Concentrator in Jharkhand, and Khetri Concentrator in Rajasthan.
As part of its long-term vision, Hindustan Copper aims to boost its ore production capacity from 4 MTPA to 12.2 MTPA by 2030-31. The company, which holds all operational mining leases for copper in India, has seen impressive financial growth. In FY 2024-25, Hindustan Copper recorded its highest-ever revenue of Rs 2,070.97 crore, marking a 21% increase from the previous year’s Rs 1,717 crore. Profit After Tax for the year stood at Rs 468.53 crore, up 42% from Rs 295.41 crore in FY 2023-24.
HCL is focused on the exploration, mining, and beneficiation of copper ore, which has allowed it to secure better profitability in the dynamic market. Hindustan Copper Limited (HCL) is a prominent public sector enterprise under the Ministry of Mines, Government of India, and is the nation’s only vertically integrated copper producer. Established in 1967, HCL manages activities across the copper value chain, including mining, beneficiation, smelting, refining, and the production of various copper products.
The company operates mines and plants in states like Rajasthan, Madhya Pradesh, Jharkhand, and Maharashtra. HCL plays a significant role in meeting India’s growing demand for copper, an essential metal for industries like electrical, construction, and transportation. With a strong emphasis on sustainable mining practices, resource efficiency, and exploration to expand reserves, HCL is a key player in India’s effort to achieve self-reliance in copper production and support the country’s infrastructure and industrial growth.
