Hindustan Copper Secures Baghwari-Khirkhori Copper Block in Madhya Pradesh

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CNBC TV18•24-01-2026, 18:18
Hindustan Copper Secures Baghwari-Khirkhori Copper Block in Madhya Pradesh
- •Hindustan Copper Ltd (HCL) has been declared the preferred bidder for the Baghwari-Khirkhori copper and associated mineral block in Madhya Pradesh.
- •The company participated in an e-auction conducted by the Directorate of Geology and Mining, Government of Madhya Pradesh.
- •HCL emerged as the highest final price offeror in the forward e-auction concluded on January 22, 2026.
- •This development follows the commencement of underground mining operations at Kendadih Copper Mine in Jharkhand.
- •Hindustan Copper is India's only vertically integrated copper miner, crucial for power, EV, and infrastructure sectors.
Why It Matters: Hindustan Copper wins the Baghwari-Khirkhori copper block, strengthening its mining operations and market position.
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