Hindustan Copper reports significant jump in copper ore production

State-owned Hindustan Copper Ltd on Thursday said provisional copper ore production for the 2018-19 fiscal stood at 41.22 lakh tonnes, 12 per cent higher than that of last year. "The metal-in-concentrate (MIC) production of the only vertically integrated copper miner of the country is 32,439 tonnes in 2018-19, which is the best in the last 16 years," the company said in a statement.

The ore production of the flagship unit of HCL, Malanjkhand Copper Project, has been at an all-time high of 25.42 lakh tonnes during the fiscal year, it said. Total copper sales volume during 2018-19 was 38,321 tonnes, the highest in the last nine years, the company added.

(With inputs from agencies.)