Hindustan Copper Extends Sanjeev Kumar Sinha's Additional Mining Director Charge

2 min read     Updated on 25 Aug 2025, 07:11 PM
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Reviewed by
Shriram ShekharBy ScanX News Team
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Overview

Hindustan Copper Limited has extended Dr. Sanjeev Kumar Sinha's additional charge as Director (Mining) for three months, from June 22, 2025, to September 21, 2025. Dr. Sinha, who is the current Director (Operations), joined HCL on March 9, 2025, and initially took on the additional role on March 28, 2025. He has over 25 years of experience at NMDC Ltd. and holds a Ph.D. in Mining Engineering from IIT(ISM) Dhanbad. His expertise includes mine planning, production, processing, and lease acquisition.

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*this image is generated using AI for illustrative purposes only.

Hindustan Copper Limited (HCL) has announced an extension of the additional charge of Director (Mining) for Dr. Sanjeev Kumar Sinha, who currently serves as the company's Director (Operations). This development comes as part of the company's ongoing management strategy.

Extended Appointment Details

According to a recent order from the Ministry of Mines, Government of India, Dr. Sinha's additional responsibility as Director (Mining) has been extended for a period of three months, from June 22, 2025, to September 21, 2025. This extension is subject to either the assumption of charge by a regular incumbent or until further orders are issued, whichever occurs first.

Dr. Sinha's Background

Dr. Sanjeev Kumar Sinha joined Hindustan Copper Limited as Director (Operations) on March 9, 2025. He initially assumed the additional charge of Director (Mining) on March 28, 2025. Dr. Sinha brings a wealth of experience and expertise to these roles:

  • He holds a Ph.D. in Mining Engineering from IIT(ISM) Dhanbad, completed in 2018.
  • His doctoral research focused on "Planning Strategies for Enhancing Mine Life vis-a-vis NPV for a Heterogeneous Iron Ore Deposit," addressing the growing shortage of minerals and strategies for increasing mine life.
  • Dr. Sinha has over 25 years of experience at NMDC Ltd., where he held key positions including Head of Mine Planning and Chief of Internal Safety Organization.
  • His expertise spans various aspects of mining operations, including planning, production, processing, and lease acquisition.

Notable Achievements

During his tenure at NMDC Ltd., Dr. Sinha made significant contributions to the mining industry:

  • Played a crucial role in implementing advanced mine planning software such as Surpac, MineSched, and Whittle.
  • Contributed to the development of a vision plan for NMDC Ltd. to achieve 100 MTPA production of Iron Ore by 2030.
  • Prepared Techno-Economic Feasibility Reports (TEFRs) for projects with an estimated cost of approximately Rs. 27,000 crore.
  • Involved in digital initiatives like ERP implementation and the establishment of a Fleet Management System.
  • Actively participated in the development of the Indian Mineral Industry Code (IMIC) as per CRIRSCO guidelines.

Industry Recognition

Dr. Sinha has presented technical papers at various national and international seminars, including:

  • A case study on reserve estimation complications in heterogeneous iron ore bodies at the World Mining Congress in Astana, Kazakhstan (June 2018).
  • A presentation on pit optimization for improved NPV and mine life in heterogeneous iron ore deposits at the World Mining Congress in Brisbane (2023).

This extension of Dr. Sinha's additional charge as Director (Mining) at Hindustan Copper Limited underscores the company's confidence in his leadership and expertise in the mining sector. His extensive experience and academic background are expected to contribute significantly to HCL's operations and strategic planning in the coming months.

Historical Stock Returns for Hindustan Copper

1 Day5 Days1 Month6 Months1 Year5 Years
-2.11%-4.57%-6.89%+8.71%-29.87%+498.94%
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Hindustan Copper Reaffirms 15% Volume Growth Target, Eyes 4 Million Tonnes Ore Output by FY26

1 min read     Updated on 18 Aug 2025, 10:39 AM
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Reviewed by
Jubin VergheseBy ScanX News Team
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Overview

Hindustan Copper aims to increase production to 4 million tonnes of copper ore and 31,000 tonnes of metal in concentrate by FY2026. The company reported strong quarterly results with revenue of ₹516.00 crore and net profit of ₹134.00 crore. Future plans include a ₹350.00 crore capital expenditure for FY25-26 and a partnership with JSW Group. Despite robust copper demand driven by renewable energy, EVs, and AI, the stock has declined 25% over the past year, currently priced at ₹241.00 with a market cap of ₹23,314.00 crore.

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*this image is generated using AI for illustrative purposes only.

Hindustan Copper , a key player in India's copper industry, has reaffirmed its ambitious growth plans, targeting a 15% volume growth by the financial year ending March 2026. The company aims to ramp up its production to 4 million tonnes of copper ore and 31,000 tonnes of metal in concentrate, a significant increase from the 24,000 tonnes produced last year.

Strong Quarterly Performance

The company recently reported its quarterly results, showcasing robust financial performance:

Metric Value
Revenue ₹516.00 crore
Operating Margin 41.00%
Net Profit ₹134.00 crore

These figures underscore Hindustan Copper's strong position in the market and its ability to generate substantial profits.

Future Investments and Partnerships

Chairman Sanjiv Kumar Singh outlined the company's future plans, including:

  • A capital expenditure target of ₹350.00 crore for FY25-26
  • A 20-year mine developer and operator agreement with JSW Group, signed in January 2025
    • Hindustan Copper holds a 12.50% share on a revenue-sharing basis
    • Operations expected to commence within the next few months, pending environmental clearance

Market Outlook

Singh highlighted that copper demand remains robust, supported by several key factors:

  • Renewable energy transition
  • Electric vehicle production
  • Artificial intelligence driving data center requirements

These trends are expected to contribute to the sustained demand for copper in the coming years.

Stock Performance

Despite the positive outlook, Hindustan Copper's stock has faced some challenges:

  • Current stock price: ₹241.00
  • Market capitalization: ₹23,314.00 crore
  • Stock performance: 25.00% decline over the past year

The recent stock performance may present an opportunity for investors to reassess the company's value in light of its growth plans and strong financial results.

As Hindustan Copper moves forward with its expansion plans and strategic partnerships, the company appears well-positioned to capitalize on the growing demand for copper in various industries. The successful execution of its volume growth strategy and the commencement of operations under the new agreement with JSW Group will be key factors to watch in the coming months.

Historical Stock Returns for Hindustan Copper

1 Day5 Days1 Month6 Months1 Year5 Years
-2.11%-4.57%-6.89%+8.71%-29.87%+498.94%
Hindustan Copper
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