HCL to quadruple mine capacity
Hindustan Copper Ltd (HCL) is planning to increase its mining capacity by four times.  The miner is drawing up plans to implement mine expansion projects. In HCL?s annual general meeting, Chairman and Managing Director K D Diwan said that its flagship project, Malanjkhand (Madhya Pradesh) underground mine of 5 mtpa capacity, is progressing well. It is expected that ore production from the underground mine will commence from December 2018. The company has also plans to set up a plant of capacity one lakh tonne per annum to manufacture copper cathode through cost-effective hydro-metallurgy technology. The site of the project has been finalised and investment in the project is Rs 3,025 crore. The investment proposal after the recommendation of the board, has been sent to the ministry to obtain CCEA approval.

HCL has also appointed a mine development officer for the Banwas mine at Khetri (in Rajasthan) and has received environment and forest clearances for its Kendadih and Rakha mine reopening projects, located at Ghatsila in Jharkhand.