Hindustan Copper Ltd Signs MoU with IIT (ISM), Dhanbad for Technical Collaboration
Hindustan Copper Ltd Signs MoU with IIT (ISM), Dhanbad for Technical Collaboration
- IIT-ISM, Dhanbad, being an Institute of national repute, particularly in the fields of mining of minerals and its beneficiation and Earth Sciences, will play a key role in solving the emerging geological, technical, environmental, sustainable and ore beneficiation issues for achieving the envisaged expansion programme of HCL.
- HCL is in its expansion phase with about three fold enhancement of ore production capacity wherein development activities in projects are either on-going in nature or already planned in most of its mines
- Copper consumption in India is expected to grow sharply with the government's thrust on infrastructure, defence, renewable energy and electric vehicles.
- Hindustan Copper to ramp up copper output to 12.2 MTPA by FY29
- Expansion of ore production to 12.1 MTPA in phase one will take seven to eight years, which would be further enhanced to 20.2 MTPA.
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