20 janv. 2026
Hindustan Copper Limited (HCL) is India’s only integrated copper miner.
After years of stagnation, losses, and mine closures, HCL aims to triple ore production to 12.2 million tonnes annually by 2030. India holds only 0.2% of the global copper reserves.
India’s copper demand grew 9.3% in FY25, reaching 1,878 kilotonnes, up from 1,718 kilotonnes in FY24, driven by data centres, electrification, and clean‑energy infrastructure.
It plans to reopen long-shut mines in Jharkhand and extend leases. It will invest about ₹4,000 crore across key projects in Malanjkhand, Khetri, and Ghatsila.
Outsourcing operations to private mine operators helped HCL improve efficiency, reduce workforce costs, and enable advanced technology adoption.
The challenges HCL faces include declining ore grades, deep mining costs, and global supply disruptions.
However, high copper prices and strategic partnerships, including a major MDO contract with JSW and an MoU with Chile’s CODELCO, have strengthened HCL’s turnaround. The company now meets 4–5% of domestic demand and aims to boost self-reliance.
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