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IRL is finalising plans to restart production from Rakha copper mines

Rakha mines was first started by a British firm in 1900 to mine copper. The mine is currently owned by Hindustan Copper Ltd (HCL). The Rakha mines have remained closed since 2001 due to negative economies of scale. HCL had invited global tenders in 2010 for re-opening, operation and expansion of Rakha Mine to produce at a rate of 1.5 million tonne per year of copper ore.

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