HCL, NML Sign Pact For Copper And Critical Minerals

05 Dec 2025 CW Team

State-owned Hindustan Copper Ltd (HCL) announced on Tuesday (1 December) that it has signed a Memorandum of Understanding with NTPC Mining Ltd (NML) to collaborate on copper and critical minerals development. The partnership will allow both companies to jointly participate in auctions for copper and critical mineral blocks and work together on exploration, mining and processing activities.

Under the MoU, HCL and NML will also evaluate joint investment opportunities to develop, mine and process minerals from HCL’s existing asset base. The collaboration extends to assessing potential partnerships across domestic and overseas copper and critical mineral projects, covering current and future assets.

HCL’s net profit rose 82.3 per cent year on year to Rs 1.86 billion in the latest quarter, up from Rs 1.02 billion a year earlier. Revenue increased 39 per cent to Rs 7.18 billion from Rs 5.18 billion. EBITDA surged 86.3 per cent to Rs 2.82 billion, with margins widening to 39.3 per cent from 29.2 per cent.

Shares of Hindustan Copper closed at Rs 338.50 on the BSE, down Rs 0.75 or 0.22 per cent.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..