Indian Government policies that will increase demand for Copper
1) Make in India
2) 100 smart cities
3) Metro and Railway Projects
4) Aatmanirbhar Bharat in Defence
5) 450 GW target for renewable energy by 2030
5) PLI schemes for the consumer electronic industry
6) Accelerated growth for electric vehicles
Expansion Strategy Of Hindustan Copper Limited
1) Expansion of existing mines, Malanjkhand, Khetri & Kolihan, Surda: from 3.71 MTPA to 8.2 MTPA
2) Re-opening of closed mines: Rakha, Kendadih 1.9 MTPA.
3) New mines and greenfield exploration: Awarded RP-Balaghat. New mines – Banwas and Chapri Sidheshwar and applied for area reservation in other places. 0.26 MTPA to 2.1 MTPA.
4) Exploration to establish depth and strike continuity of ore body.
5) Sustainable Development: Utilization of waste rocks.
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