capital · May 18, 2026
Hindustan Copper Signs NDA with CODELCO and Appoints Transaction Advisor for Chile Acquisition
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Hindustan Copper executed a Non-Disclosure and Confidentiality Agreement with CODELCO and appointed a transaction advisor to explore opportunities in the Chilean mining sector. The company conducted site studies of copper blocks in Chile from April 20 to April 30, 2026. Board reviewed the developments on May 15, 2026. Hindustan Copper Ltd is pushing into international markets as India's state-owned copper miner. The move follows an earlier Memorandum of Understanding signed in the presence of Prime Minister Narendra Modi and Chilean President Gabriel Boric Font.