India’s HCL to invest in greenfield copper cathode plant
India’s sole integrated copper producer, Hindustan Copper Limited (HCL), will invest $472-million in a new greenfield copper cathode plant, in central Indian province of Chhattisgarh.
The investment proposal has been submitted to the Mines Ministry and the Cabinet Committee for Economic Affairs (CCEA), the apex federal government body for approval, HCL chairman, K D Diwan said this week.