Hindustan Copper Ltd Wins Key Madhya Pradesh Mineral Auction

Hindustan Copper Ltd has secured the bid for the Baghwari-Khirkhori Copper Block in Madhya Pradesh. This marks a significant win in India's efforts to auction mineral resources. The state-run company, engaged in copper ore mining, placed the highest bid in a forward e-auction concluded on January 22.

State-owned Hindustan Copper Ltd (HCL) emerged as the preferred bidder for the Baghwari-Khirkhori Copper and Associated Mineral Block in Madhya Pradesh, showcasing its strategic role in India's mineral resource auctions.

The forward e-auction process for granting a composite licence, encompassing a mining lease, reached completion on January 22, with official communication issued recently, according to the company's exchange filing.

HCL, a leading Central Public Sector Enterprise under the Ministry of Mines, participated in response to a tender from the Directorate of Geology and Mining, Government of Madhya Pradesh, dated October 31, 2025. The company is notable for its exclusive operations in copper ore mining within India.