Hindustan Copper Limited — Investor Meet, 24-09-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Hindustan Copper targets 12.2 million tons (MT) annual ore production by 2030-31, driven by Malanjkhand (5 MT), Khetri-Kolihan (2.9 MT), and Jharkhand mines (4.3 MT). Recent regulatory clearances and government support are accelerating expansions. Rakha mine will be operated by an MDO, with HCL receiving 12.5% revenue. A ₹2,000 Cr CAPEX over five years is planned, mainly for Malanjkhand's shaft equipping. While monsoon affected Q1/Q2, a Q3/Q4 production rebound is expected. Management is confident in achieving growth targets, leveraging a Codelco partnership for best practices and exploring Lithium through KABIL. Overall sentiment is positive for long-term expansion.