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Hindustan Copper Ltd Secures 20-Year Lease for Kendadih Mine

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Hindustan Copper Ltd Secures 20-Year Lease for Kendadih Mine

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Hindustan Copper Ltd ( (IN:HINDCOPPER) ) has shared an announcement.

Hindustan Copper Limited has executed a mining lease deed with the District Commissioner of Jamshedpur for the Kendadih Copper Mine, effective for 20 years. This development is pivotal for resuming copper ore production at the Kendadih site, which is strategically important for boosting copper output in the region.

More about Hindustan Copper Ltd

Hindustan Copper Ltd is a prominent player in the mining industry, primarily focusing on the production of copper and copper-related products. The company plays a significant role in the Indian market, contributing to the country’s copper production and supply chain.

Average Trading Volume: 509,045

Technical Sentiment Signal: Strong Buy

Current Market Cap: 324.1B INR

For a thorough assessment of HINDCOPPER stock, go to TipRanks’ Stock Analysis page.

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