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
Hindustan Copper Q3 profit declines 21% to Rs 63 crore
Hindustan Copper Q3 profit declines 21% to Rs 63 crorePSU Watch
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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.

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"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.

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