Hindustan Copper Ltd. (HCL) will strengthen operations on its Malanjhand Copper Project (MCP), and its ore production capacity is expected to nearly double its ore production to 5 million tons per year (MTPA) by fiscal 2030-31. The expansion coincides with the company’s long-term plan, namely strengthening the country’s self-sufficiency in copper and reducing import dependence.
In the 2024-2025 fiscal year, the Malanjkhand copper project has reached a production level of 2.725 MTPA. The expansion will be medium, with production hitting 2.75 MTPA in fiscal 2025-2026, followed by 2.85 MTPA in 2026-2027. These figures will continue to increase each year, with 3.0 MTPA for 2027-28, 3.3 MTPA for 2028-29 and 3.5 MTPA for 2029-30, and then reaching the 5.0 MTPA milestone in 2030-31.
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Nagesh Shenoy, executive director and unit leader, talks with Zee Business
Nagesh Shenoy, executive director and unit head of MCP, said in a conversation with Zee Business that the project is expected to achieve this ambitious goal. He stressed that the MCP is equipped with India’s first public sector paste filling plant, a major facility that supports safe and effective underground mining.
Shenoy also pointed to a huge operational success: the smooth transition from open mining to underground mining at the Malanjkhand site without any production losses, a rare feat in the mining sector.
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The expansion plan is supported by extensive underground infrastructure upgrades. After finalization, the Malanjkhand website aims to become the largest underground copper mine in the country and play a central role in the growth roadmap of Hindustan copper.
