Hindustan Copper pursues Navratna status as operations strengthen. The state-owned miner, currently a Mini-Ratna enterprise, is advancing its case for elevated status, which would grant greater financial and operational autonomy. The company can invest up to Rs 1,000 crore or 15 percent of net worth on in-house projects without government approval once elevated. Hindustan Copper operates India's sole vertically integrated refined copper facility and is aggressively expanding mining capacity from 4 million tonnes annually to 12.2 million tonnes by 2030. The company has strengthened operations, advanced expansion projects, improved processes, and accelerated digitalization efforts. It recently partnered with Chile's CODELCO, the world's largest copper producer, to expand global reach.
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