Hindustan Copper Ltd has announced that it is firmly on track to expand its production capacity to more than 12 million tonnes per annum (MTPA) by 2031. The company, currently operating at around 4 MTPA, is pursuing mine expansions and reopenings to meet India’s rising copper demand.
The expansion plan reflects Hindustan Copper’s strategic focus on strengthening domestic supply chains and reducing import dependency. With copper being a critical resource for electric vehicles, renewable energy, and infrastructure, the company’s growth trajectory aligns with India’s industrial and green energy ambitions.
Expansion Strategy
Hindustan Copper is investing significantly in reopening closed mines and expanding existing operations in Madhya Pradesh and Rajasthan. The company has outlined a multi-phase plan, backed by capital expenditure, to triple its production capacity over the next five years and sustain growth through 2031.
Industry Outlook
India’s copper consumption is expected to rise sharply due to the rapid adoption of EVs, renewable energy projects, and large-scale infrastructure development. Hindustan Copper’s expansion will play a pivotal role in meeting this demand while enhancing its competitiveness in the global market.
Key Highlights
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Hindustan Copper targets over 12 MTPA by 2031
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Current capacity of 4 MTPA to be tripled
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Mine expansions and reopenings underway in key states
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Supports India’s EV, renewable, and infrastructure growth
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Aims to reduce copper import dependency
Sources: Company announcement, industry reports.