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Hindustan Copper and CMDC form JV for mining operations in Chhattisgarh-2018 China(Guangzhou)Int’l Non-Ferrous Metal（Copper）Exhibition
5/28/2018 有色金属展-Copper exhibition -non-ferrous metals expo |
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Money Control reported that state-run Hindustan Copper has entered a joint venture with Chhattisgarh Mineral Development Corporation for exploration and mining of copper and associated minerals in Chhattisgarh. Chhattisgarh Copper has become a subsidiary of Hindustan Copper and the shareholding pattern between HCL and CMDC is in the ratio of 74 % and 26 %, Hindustan Copper said in a regulatory filing.
The company said that "Chhattisgarh Copper has been incorporated as joint venture company between Hindustan Copper and Chhattisgarh Mineral Development Corporation for exploration, mining and beneficiation of copper and its associated minerals in Chhattisgarh."
It further said that the number of directors nominated by Hindustan Copper and CMDC is in the ratio of 3:2.
With this, Hindustan Copper said it has extended footprint of its operation in the country''s sixth state and operations in Chhattisgarh will commence soon.
HCL''s mines and plants are spread across five operating units, one each in the Rajasthan, Madhya Pradesh, Jharkhand, Maharashtra and Gujarat.
有色金属展-铜材展-2018年广州国际有色金属工业（铜业）展览会
-2018 China(Guangzhou)Int’l Non-Ferrous Metal（Copper）Exhibition
-Non-Ferrous Metal exhibition, 2018
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