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Hindustan Copper to invest ₹2,000 crore over 5-6 years to triple mining capacity

Published on 11/06/2025 05:29 PM

Hindustan Copper to invest ₹2,000 crore over 5-6 years to triple mining capacityThe company has also signed a collaboration pact with CODELCO, Chile — one of the world’s largest copper producers — for knowledge sharing and capacity building in mining. Shares of Hindustan Copper Ltd ended at ₹259.60, down by ₹4.25, or 1.61%, on the BSE.By Jomy Jos Pullokaran   June 11, 2025, 5:29:14 PM IST (Published)2 Min ReadState-owned Hindustan Copper Limited (HCL) on Wednesday (June 11) announced plans to invest approximately ₹2,000 crore over the next 5-6 years. The state-run copper producer aims to expand its mine capacity from the current four million tonnes per annum (MTPA) to 12.20 MTPA by FY31.

As part of its growth roadmap, HCL is looking to acquire promising copper deposits both domestically and internationally by participating in upcoming mineral auctions.

Also Read: Hindustan Copper, RITES sign MoU to jointly pursue critical mineral mining projects

Additionally, the company has signed a collaboration agreement with CODELCO, Chile — one of the world’s largest copper producers — for knowledge sharing and capacity building in mining, beneficiation and exploration.

Fourth quarter

Hindustan Copper reported a 53.2% year-on-year (YoY) surge in net profit to ₹1.9 crore for the fourth quarter ended March 31, 2025, from ₹1.2 crore in Q4FY24. The Miniratna company’s revenue from operations climbed 29% to ₹7.3 crore against ₹5.6 crore a year ago.

EBITDA increased 19% YoY at ₹266.7 crore against ₹224 crore. However, the EBITDA margin contracted around 300 basis points to 36.5% from 39.6% in the year-ago quarter.

Matching the quarterly performance, the company’s annual net profit for FY25 soared 58% to ₹ 4.6 crore versus ₹ 2.9 crore in the previous year.

Also Read: Hindustan Copper board to consider ₹500-crore bond issue on May 27

Hindustan Copper is a vertically-integrated copper producing company and has copper mines and concentrator plants in the Malanjkhand Copper Project in Madhya Pradesh (MCP), Khetri Copper Complex in Rajasthan (KCC) and Indian Copper Complex, Ghatsila, in Jharkhand (ICC).

Shares of Hindustan Copper Ltd ended at ₹259.60, down by ₹4.25, or 1.61%, on the BSE.Continue Reading(Edited by : Shoma Bhattacharjee)Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsHindustan Coppershare market today