Hindustan Copper Limited (HCL), the country’s only integrated copper mining company, has reported a robust operational performance for the financial year 2025–26, registering significant growth across key production and strategic parameters.
By NSB.News
During FY26, the company achieved Metal in Concentrate (MIC) production of 27,421 tonnes, marking a 9% increase over the previous fiscal and the highest output recorded in the last seven years. Ore production also witnessed a strong rise, reaching 3.67 million tonnes—up 6% year-on-year. Additionally, sales of 27,367 tonnes of copper MIC stood as the best in the past five years.
The company attributed this performance to coordinated efforts across operational domains, along with resilience and adaptability in a challenging environment. HCL maintained its growth momentum through focused execution and continuous improvement initiatives.
Looking ahead, HCL continues to progress toward its long-term strategic goal of achieving 12.2 million tonnes per annum (MTPA) mining capacity by 2030, with multiple projects and expansions aligned to this vision.
During the year, the company also achieved several key milestones, including the resumption of operations at Kendadih, Kolihan and Surda mines, and progress in securing pending statutory clearances such as Chandmari. It also entered into an auction lease through the Sidhi Copper Block and advanced greenfield projects in India—Sikkim, Dhobani and Pathargora—as well as overseas initiatives in Chile. Exploration activities were also initiated at the Bodal Block.
On the technology front, HCL highlighted the paste fill plant at the Malanjkhand Copper Project as one of India’s first large-scale implementations of paste backfill technology in metal mining, enabling safer and more sustainable underground operations. The deployment of battery-operated Load-Haul-Dump (LHD) machines in underground mines marks a shift toward cleaner, energy-efficient mining practices.
The company also focused on workforce welfare, implementing multiple initiatives including the rollout of operational software, introduction of nursing and education support schemes, and awarding job contracts exceeding ₹1,400 crore.
In a significant step toward financial inclusion, HCL signed a Memorandum of Understanding with State Bank of India to extend Corporate Salary Package benefits to contractual employees, reinforcing its commitment to inclusive growth and workforce dignity.
Chairman and Managing Director Sanjiv Kumar Singh credited the workforce, stakeholders, and the support of the Government of India—particularly the Ministry of Mines—for the company’s achievements. He emphasized that responsible resource utilization, environmental sustainability, and social responsibility will remain central to HCL’s operations going forward.