Hindustan Copper Secures Baghwari-Khirkhori Copper Block in Madhya Pradesh
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CNBC TV1824-01-2026, 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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