Hindustan Copper Limited (HCL) has reported a robust fiscal year for 2025-26, marked by significant production and sales growth. The company achieved its highest Metal in concentrate (MIC) production in seven years, totaling 27,421 tonnes, a 9% increase over the previous year. Ore production also rose by 6% to 3.67 million tonnes, while copper MIC sales reached a five-year peak, positioning the firm well toward its 12.2 MTPA mining capacity goal by 2030.
Key Operational Highlights
During the fiscal year 2025-26, Hindustan Copper Limited demonstrated significant operational resilience. The company achieved a production of 27,421 tonnes of Metal in concentrate (MIC), reflecting a 9% year-on-year growth and the highest output levels recorded in the last seven years. Additionally, the firm successfully produced 3.67 million tonnes of ore, representing a 6% improvement compared to the previous fiscal year. Sales performance remained strong, with 27,367 tonnes of copper MIC sold, marking the best sales volume in five years.
Strategic Milestones and Projects
The company continues to advance its Vision Plan 2030, aiming for a total mining capacity of 12.2 MTPA. Recent progress includes the resumption of mining operations at Kendadih, Kolihan, and Surda. Furthermore, HCL has awarded job contracts exceeding INR 1,400 crore to bolster development.
Technological and Sustainable Advancements
HCL is actively modernizing its operations through sustainable initiatives:
- Paste Fill Technology: The Malanjkhand Copper Project now features a unique large-scale paste backfill plant, enhancing safety and supporting sustainable tailing reuse.
- Clean Operations: The introduction of battery-operated Load-Haul-Dump (LHD) vehicles in underground mines has significantly reduced emissions and improved energy efficiency.
- Financial Inclusion: A new Memorandum of Understanding with the State Bank of India provides a Corporate Salary Package for both permanent and contractual employees, ensuring greater financial security for the workforce.
Future Outlook
Looking ahead, HCL remains committed to strengthening its operational capabilities and sustainability practices. The company is actively progressing on greenfield projects across India and in Chile, while simultaneously pursuing Navratna status to further its long-term strategic growth.
Source: BSE
