Hindustan Copper Q3 profit declines 21% to Rs 63 crore PSU Watch
News Updates

Hindustan Copper metal concentrate output grows 11%; ore production up 13% in FY'24

Hindustan Copper on Tuesday said its metal concentrate production rose 11 percent year-on-year to 27,404 tonne during FY 2023-24

PTI

New Delhi: State-owned Hindustan Copper Limited (HSL) on Tuesday said its metal concentrate production rose 11 percent year-on-year to 27,404 tonne during FY 2023-24.

The company has achieved ore production of 3.78 million tonne in FY'24, registering a 13 percent increase year-on-year.

PSU Watch is now on Whatsapp Channels. Click here to join

"During FY24, metal in concentrate (MIC) production of 27,404 tonne was the highest in last five years... and ore production of 3.78 million tonne (was the) highest in last four years," the company said in an exchange filing.

The company said its flagship unit Malanjkhand copper project in Madhya Pradesh achieved 18 percent higher ore production and 9.4 percent higher MIC production year-on-year.

The Khetri Copper Complex (KCC) in Rajasthan achieved 11 percent higher ore production and 17.3 percent higher MIC production compared to last year.

Hindustan Copper Ltd, under the Ministry of Mines, is the only company in India engaged in mining of copper ore, and owns all the operating mining lease of copper ore.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Navy to buy underwater remotely operated vehicles from Odisha-based start-up

Varun Kumar Shukla set to be next CMD of Hindustan Salts Ltd

India's exports likely to grow 6 percent this year: Piyush Goyal

India unveils first geothermal energy policy, proposes incentives to tackle high upfront costs

AI plane crash: Pilot's father seeks another probe saying AAIB findings tarnished his son's image