Hindustan Copper Eyes Coveted Navratna Status Amidst Ambitious Expansion

• Hindustan Copper Ltd (HCL) is actively pursuing Navratna status, a testament to its improved operations and strategic growth.
• The company aims to achieve this prestigious status, which grants greater financial and operational autonomy, including investing up to Rs 1,000 crore without government approval.
• HCL is aggressively expanding its mining operations, targeting a capacity of 12.2 million tonnes per annum (MTPA) by 2030 from the current 4 MTPA.
• As the country’s sole vertically integrated refined copper facility, HCL handles exploration, mining, beneficiation, smelting, refining, and casting.
• HCL has also formed a strategic partnership with CODELCO, the world’s largest copper producer, to expand its global footprint.