ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Hindustan Copper shifts to underground mining, plans to double output amid surge in infra demand

In a significant development for India's mining sector, Hindustan Copper Limited (HCL) has successfully transitioned its flagship Malanjkhand mine from open-cast to fully underground operations.

ANI Jul 05, 2025 16:52 IST googleads

Representative Image

Malnjkhand/Balaghat (Madhya Pradesh) [India], July 5 (ANI): In a significant development for India's mining sector, Hindustan Copper Limited (HCL) has successfully transitioned its flagship Malanjkhand mine from open-cast to fully underground operations.
The announcement was made during a site visit on Saturday, where HCL Chairman and Managing Director Sanjiv Kumar Singh laid out the company's ambitious roadmap for copper production.

"For the year 2024-25, our entire production from Malanjkhand has come from underground mining," said CMD Singh. "We are currently producing around 4 million tonnes, and we aim to double this to nearly 12 million tonnes -- within the next six years," he said.

HCL, a Government of India enterprise, is undertaking this expansion to meet the growing domestic demand for copper, which has seen a sharp rise with the emergence of artificial intelligence and data centers.

"Earlier, copper demand was largely driven by electric vehicles, metros, railways, and transmission lines. But now, with the boom in AI and data centers, which consume huge amounts of copper for wiring and cooling systems, the demand has grown exponentially," Singh explained.

Furthermore, in a strategic international move, HCL signed an MoU on April 1, 2025, with Codelco, Chile's state-owned copper mining giant. The partnership aims to strengthen HCL's capabilities in deep exploration, operational excellence, and adoption of global best practices.

"Codelco will assist us in exploring copper deposits beyond one kilometer depth, share international benchmarks, and help us resolve technical challenges in our mines," Singh said.

"Their team has already arrived in India as of June 23 to initiate collaborative work."

Additionally, CMD Singh described this phase as a pivotal moment in the company's journey. "This is the Amrit Kaal. We must utilize this time effectively to contribute to the Prime Minister's vision of a Developed India by 2047," he said.
"Our role in meeting India's copper requirements is crucial, and we are committed to scaling up every aspect of our operations," he added.

A comprehensive Vision Document has been laid out by Union Coal and Mining Minister G Kishan Reddy to guide this transformation. It outlines production targets, technology upgrades, recycling initiatives, and sustainability goals to ensure the copper industry plays a leading role in India's industrial growth. (ANI)

Get the App

What to Read Next

Business

Piyush Goyal meets global industry leaders to deepen trade ties

Piyush Goyal meets global industry leaders to deepen trade ties

The meetings were inclined towards bolstering India's manufacturing capabilities and deepening its integration into global supply chains. The discussions focused on expanding investment partnerships and enhancing India's role as a critical hub in the Indo-Pacific region.

Read More
Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

Adani Foundation to connect 10 lakh women nationwide

Adani Foundation to connect 10 lakh women nationwide

The Adani Foundation, today, declared that in the next one year, it will connect one lakh women in Maharashtra with the Swabhimaan initiative. For the future, Adani Foundation has announced to connect 10 lakh women in India with the same initiative and make them strong.

Read More
Business

Govt Urges Citizens to Avoid Panic Booking

Govt Urges Citizens to Avoid Panic Booking

Amid global energy disruptions following the closure of the Strait of Hormuz, the government has assured that the domestic supply of LPG, petrol, diesel, kerosene, and natural gas remains stable, while citizens are urged to avoid panic booking and conserve fuel, said Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, today.

Read More
Business

India Emerging as Stable Investment Anchor in Turbulent Global

India Emerging as Stable Investment Anchor in Turbulent Global

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.