Hindustan Copper Limited (HCL) has released its updated Corporate Presentation as of 11 June 2025, highlighting its strategic position and robust performance.
- HCL, a 'Miniratna' Category 1 CPSE, is India's sole vertically integrated producer of refined copper, owning all operating mining leases for copper ore in the country. The Government of India's shareholding is 66.14%.
- The company holds an estimated balance of 755.32 million tonnes of copper ore resources & reserves as of 1 April 2024.
- For the Financial Year 2024-25, HCL achieved its highest ever financial and operational performance:
- Revenue from Operations: ₹ 2071 crore.
- Profit After Tax (PAT): ₹ 469 crore.
- Profit Before Tax (PBT): ₹ 634 crore.
- Production from Malanjkhand Mine: 27.25 lakh tonne ore.
- Dividend Declared: ₹ 141 crore.
- HCL is currently implementing a mining expansion plan to increase capacity from approximately 4 Million Tonnes Per Annum (MTPA) to 12.20 MTPA.
- Key expansion projects include:
- Kendadih: Capacity of 0.25 MTPA, expected by December 2025.
- Rakha: Capacity of 3 MTPA, pre-mining activity started, restart of mining operation expected by Q4 FY25.
- The company plans a Capital Expenditure of approximately ₹ 2,000 crore in the next 5-6 years.
- Recent exploration efforts have added 123 million tonnes of additional copper ore reserves & resources in the last two years.
- HCL has signed a Memorandum of Understanding (MoU) with the Government of Madhya Pradesh on 25 February 2025 to enhance copper and critical mineral exploration.
- The company is also collaborating with CODELCO, Chile, for capacity building and knowledge sharing in mining, beneficiation, and exploration.