Hindustan Copper Limited (HCL) is hosting a three-week technical visit by a delegation from Chile’s state-owned copper company, CODELCO, as part of an ongoing partnership aimed at enhancing mining operations and exploring collaborative opportunities. The visit includes assessments of all HCL units and offices across India and follows a memorandum of understanding signed in April 2025 between the two companies.
The MoU outlines cooperation in mineral exploration, beneficiation, employee training, and capacity building. It was signed by Sanjiv Kumar Singh, Chairman and Managing Director of HCL, and Ruben Alvarado Vigar, Chief Executive Officer of CODELCO.
The visiting delegation includes CODELCO experts in various technical domains: Angelo Giovanni Giuseppe Aguilar Catalano (Geology & Exploration), Jose Ramom Abatte Perez (Innovation & Technology), Carlos Abelardo Vilches Donoso (Tailing Management), Jorge Luis Espindola Landa (Geotechnical Engineering), and Sergio Jonathan Pichott Heriquez (Geometallurgy).
HCL plans to increase its mining capacity from 3.47 million tonnes to 12 million tonnes per annum by FY 2030–31. The visit by CODELCO representatives is part of efforts to upgrade HCL’s capabilities.
The company’s Malanjkhand Copper Project recorded its highest-ever underground ore production of 2.73 million tonnes in FY 2024–25, exceeding its target by 3 percent. HCL plans to raise the mine’s capacity to 5 million tonnes per annum. Singh added that the MoU with CODELCO is structured to support deep exploration and technical capacity building and may eventually lead to a joint venture to develop copper blocks in Chile.
Hindustan Copper Limited, a public sector enterprise headquartered in Kolkata, is engaged in copper mining and production. The company is expanding operations through global partnerships and domestic capacity enhancements.