Hindustan Copper has appointed Anupam Misra as its new Chairman Managing Director, succeeding Sanjiv Kumar Singh, and is undertaking a significant Rs 7,189 crore expansion to triple its mining capacity, with a roadmap to increase ore production from 4.21 million tonnes per annum in 2025-26 to 12.20 million tonnes per annum by 2029-30.

Hindustan Copper's Jhagadia project in Gujarat, a 50,000-tonne secondary copper smelter, is expected to enhance the company's revenue and strategic performance, potentially leading to Navratna status, which would provide greater financial and operational autonomy.

Hindustan Copper aims to ramp up production to 12 million tonnes by FY30, focusing on operational efficiency and lower production costs, with expectations of improved Q1 results compared to last year. The company is also in advanced talks with Codelco to acquire a copper mine in Chile, with an announcement expected soon.

Hindustan Copper aims to achieve Navratna status and plans to triple its ore output to 12 million tonnes per annum by 2029, supported by strong financial performance with a net profit of Rs 920.67 crore and record revenue of Rs 3,077.92 crore in FY26. The company is focusing on increasing copper availability and reducing dependence on imported refined metal, with expectations that reviving existing domestic capacity will enhance profitability.