CORPORATE

HCL plans Rs 400-cr copper plant in Madhya Pradesh, eyes triple production of ore

Hindustan Copper (HCL) is looking to build a new Rs 400-crore concentrator plant with 3 million tonnes per annum (mtpa) of capacity in Malanjkhand in Madhya Pradesh in the next three years. The plant is a part of the company’s plans to triple its ore production capacity, HCL Chairman and Managing Director Sanjiv Kumar Singh has said.
The State-run company expects to start construction work on the new facility next year. It already has a 2.5-mtpa concentrator plant in Malanjkhand.
A concentrator plant processes mined ore to separate valuable minerals from waste rock. The facility produces a concentrated product containing a higher proportion of desired minerals. The concentrated product is then sent for further processing stages, such as smelting or refining, to produce the final metal or mineral.
In an interview with the PTI, Mr Singh has said that State-run consultancy firm Mecon is preparing a tender document and technical design for the plant, which will have a capacity of 3 mtpa.
The construction of the plant, Mr Singh has added, is likely to begin next year. The company plans to fund the plant through internal resources.
HCL is also planning to come up with another concentrator plant with a capacity of 3 mtpa in the Rakha mine in Jharkhand.
The company currently operates Malanjkhand Copper Concentrator Plant in Madhya Pradesh, Ghatshila Concentrator Plant in Jharkhand and Khetri concentrator plant in Rajasthan.

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