Hindustan Copper Targets Over 12 MTPA Production by 2031

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Hindustan Copper Targets 12.2 MTPA Production by 2031, Tripling Capacity

Hindustan Copper is banking on reopening mines to drive production up

M

Moneycontrol•17-03-2026, 10:01

Hindustan Copper Targets 12.2 MTPA Production by 2031, Tripling Capacity

•Hindustan Copper aims to triple its production capacity to 12.2 MTPA by 2031 from current 4 MTPA.
•Expansion includes Madhya Pradesh and Rajasthan mines, and reopening three Jharkhand mines, including Rakha Mines.
•Company plans Rs 2,000 crore capital expenditure; partnered with JSW Group for Rakha Mines as MDO.
•India imports over 95% copper; demand surges from EVs, renewable energy, AI data centers, and infrastructure.
•Partnership with CODELCO for technical expertise; holds 30% stake in KABIL for overseas mineral exploration.

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