Here is the per capita copper consumption in India compared with global trends.
| Country/Region | Per Capita Copper Consumption (Kg/person) |
|---|---|
| Germany | 13.6 |
| South Korea | 11.0 |
| China | 8.4 |
| North America | 4.8 |
| Europe | 5.6 |
| World Average | 3.2 |
| India | 0.6 |
The company also outlined plans to acquire new copper deposits both in India and overseas. It is exploring memoranda of understanding with public sector firms such as RITES, IOCL, Coal India, and GAIL to expand its mining portfolio.
Hindustan Copper expects volumes to grow by around 20% while maintaining margins above 40%. For FY26, it has earmarked a capex of ₹350 crore. The company is currently implementing a major expansion programme to increase mining capacity from 4 MTPA to 12.2 MTPA.
Hindustan Copper is the only copper miner in India and controls about 45% of the country’s copper ore reserves and resources.
The company has also reiterated its earlier guidance of 15% volume growth for FY26, supported by operational efficiencies and cost control measures.
Chairman and Managing Director Sanjiv Kumar Singh said the company aims to produce about 4 million tonnes of copper ore in FY26, yielding nearly 31,000 tonnes of metal-in-concentrate (MIC). This compares with 24,000 tonnes of MIC produced last year, underscoring a strong growth trajectory.
For the April–June 2025 quarter (Q1FY26), Hindustan Copper reported revenue of ₹516 crore, an operating margin of 41%, and a net profit of ₹134 crore.
Singh also said that artificial intelligence is emerging as a new demand driver for copper, with rising investments in data centres significantly boosting consumption.