Joint Venture19 Sept 2025, 05:11 pm
Hindustan Copper Ltd Executes Rakha Mining Lease Deed for 20-Year Extension
AI Summary
Hindustan Copper Limited (HCL) has executed the Rakha Mining Lease Deed with the District Commissioner (DC), Jamshedpur on 19.09.2025. This 20-year extension is a significant step towards reopening and expanding the Rakha Copper Mine, which holds strategic importance for copper production growth in the region. This development is in line with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Hindustan Copper Limited has executed the Rakha Mining Lease Deed with the District Commissioner, Jamshedpur.
- The lease deed is extended for a period of 20 years.
- This move is strategic for the growth of copper production in the region.
- The Rakha Copper Mine is expected to reopen and expand with this agreement.
- This development is in compliance with SEBI regulations.