The government’s two-day Offer-for-Sale for up to 6 per cent stake in Hindustan Copper began on Tuesday, targeting proceeds of around Rs 3,000 crore. Institutional bidding opened first, while retail investors can participate on Wednesday at a discounted floor price
State-owned UCIL will establish a recovery plant in Jharkhand to extract uranium from Hindustan Copper tailings, boosting India’s domestic uranium supply for nuclear energy and defence. The partnership also aims to convert mining waste into a strategic resource with environmental and economic benefits
