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Hindustan Copper planning to increase borrowing limits

Hindustan Copper is planning to increase borrowing limits from the existing Rs 1,500 crore to Rs 2,500 crore. The Board of Directors of the company will consider the same in meeting which is scheduled to be held on May 28, 2019.

Hindustan Copper’s principal activities include mining of copper ore, concentration of copper ore into copper concentrate through a beneficiation process and also smelting, refining and extruding of the copper concentrate into refined copper in downstream saleable products.

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