Hindustan Copper Reports Strong Operational Performance

08 Apr 2026 CW Team

HCL said it remained on track toward its strategic objective of achieving 12.2 MTPA mining capacity by 2030, with ongoing initiatives aligned to the long term vision. The company recorded several milestones during the year, including implementation of welfare initiatives for officers, workmen and contract personnel, rollout of licence to operate software, and introduction of a nursing scheme and educational support under the Sathee scheme. HCL awarded job contract works exceeding Rs 14 billion (bn) and resumed operations at the Kendadih, Kolihan and Surda mines.

The company reported progress securing long pending statutory clearances, including at Chandmari, and entered an auction lease through the Sidhi Copper Block while advancing greenfield projects in India at Sikkim, Dhobani and Pathargora and overseas in Chile. Exploration began at the Bodal Block and a paste fill plant at Malanjkhand Copper Project was commissioned to enable simultaneous underground mining and reuse of tailings. Battery operated load haul dumpers in Malanjkhand underground mines introduced a low emission, energy efficient shift that reduced ventilation load and enhanced worker safety.

HCL signed a memorandum of understanding with the State Bank of India to implement a corporate salary package for permanent and contractual employees, bringing contractual workers into formal financial dignity. The company acknowledged its workforce and support from the Government of India and said it would continue to strengthen operations while progressing towards Vision Plan 2030 and aspiration for Navratna status.

Hindustan Copper Limited (HCL), the only copper miner of India, reported robust operational results for the financial year 2025–26, registering metal in concentrate (MIC) production of 27,421 tonne (t), which was nine per cent higher than in FY 2024–25 and the highest in seven years. Ore production reached 3.67 million (mn) tonne, up six per cent year on year, while sales of 27,367 t of copper MIC represented the best annual performance in five years. These results were attributed to coordinated execution across functional domains and resilience amid a challenging operating environment. HCL said it remained on track toward its strategic objective of achieving 12.2 MTPA mining capacity by 2030, with ongoing initiatives aligned to the long term vision. The company recorded several milestones during the year, including implementation of welfare initiatives for officers, workmen and contract personnel, rollout of licence to operate software, and introduction of a nursing scheme and educational support under the Sathee scheme. HCL awarded job contract works exceeding Rs 14 billion (bn) and resumed operations at the Kendadih, Kolihan and Surda mines. The company reported progress securing long pending statutory clearances, including at Chandmari, and entered an auction lease through the Sidhi Copper Block while advancing greenfield projects in India at Sikkim, Dhobani and Pathargora and overseas in Chile. Exploration began at the Bodal Block and a paste fill plant at Malanjkhand Copper Project was commissioned to enable simultaneous underground mining and reuse of tailings. Battery operated load haul dumpers in Malanjkhand underground mines introduced a low emission, energy efficient shift that reduced ventilation load and enhanced worker safety. HCL signed a memorandum of understanding with the State Bank of India to implement a corporate salary package for permanent and contractual employees, bringing contractual workers into formal financial dignity. The company acknowledged its workforce and support from the Government of India and said it would continue to strengthen operations while progressing towards Vision Plan 2030 and aspiration for Navratna status.

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