Hindustan Copper New 3 MTPA Concentrator Plant in Madhya Pradesh : Hindustan Copper invests ₹400 crore in new 3 MTPA concentrator plant at Malanjkhand part of plan to achieve 12.2 MTPA capacity by 2030.
Hindustan Copper New 3 MTPA Concentrator Plant in Madhya Pradesh : Key Expansion Highlights
✅ ₹400 crore investment in new 3 MTPA concentrator plant
✅ Malanjkhand capacity to reach 5.5 MTPA (current 2.5 MTPA)
✅ Parallel 3 MTPA plant planned for Jharkhand’s Rakha mine
✅ Ambitious 2030 target: 12.2 MTPA ore production (3X current capacity)
✅ Self-funded project using internal resources
Hindustan Copper Accelerates Growth with Strategic Capacity Expansion
Malanjkhand, Madhya Pradesh – In a significant move to boost domestic copper production, Hindustan Copper Limited (HCL) has unveiled plans for a new ₹400 crore concentrator plant at its Malanjkhand operations, marking a major step toward achieving its 12.2 MTPA production target by 2030.
Project Specifications
| Parameter | Details |
|---|---|
| Location | Malanjkhand Copper Project, MP |
| Capacity | 3 million tonnes per annum |
| Technology | Ore beneficiation & concentration |
| Current Capacity | 2.5 MTPA (existing plant) |
| Total Future Capacity | 5.5 MTPA (Malanjkhand complex) |
| Implementation Agency | Mecon (technical design) |
Financial Performance Context
- Record FY25 Revenue: ₹2,070.97 crore (+21% YoY)
- Net Profit: ₹468.53 crore (+42% growth)
- Market Position: India’s only vertically integrated copper producer
Strategic Importance
1. Import Substitution
- Reduces India’s copper concentrate imports (currently ~90% of demand)
- Supports Atmanirbhar Bharat in critical minerals
2. Production Roadmap
- Phase 1: Malanjkhand expansion (2026-27)
- Phase 2: Rakha mine plant (Jharkhand)
- End Goal: 12.2 MTPA by 2030 (200% capacity increase)
3. Industry Impact
- Strengthens electrical/construction sectors
- Enhances copper security for renewable energy transition
Management Commentary
Sanjiv Kumar Singh, CMD, Hindustan Copper:
“This expansion aligns with our vision to triple production capacity. The Malanjkhand plant will leverage our existing mining infrastructure while adopting advanced beneficiation technologies.”
Market Dynamics
Copper Demand Drivers
- Energy Transition: EVs, solar/wind infrastructure
- Construction: Wiring, plumbing applications
- Industrial Growth: Electrical equipment manufacturing
Current Indian Landscape
- Demand: ~700,000 tonnes/year
- Production: HCL contributes ~4% of national demand
- Growth Potential: 8-10% annual demand increase projected
Sustainability & Operational Advantages
✔ Vertical integration from mining to refined copper
✔ Environment-friendly beneficiation processes
✔ Existing infrastructure utilization (power, logistics)
✔ Skilled PSU workforce with decades of experience
Conclusion & Next Steps
This expansion:
- Positions HCL as key player in India’s copper security
- Creates downstream industrial opportunities
- Supports energy transition infrastructure needs
Implementation Timeline:
- 2025: Technical design finalization
- 2026: Construction begins
- 2027-28: Commissioning