Hindustan Copper

Hindustan Copper Limited
हिंदुस्तान कॉपर लिमिटेड
Traded as BSE: 513599
NSE: HINDCOPPER
Founded 9 November 1967 (1967-11-09)
Key people
 K D Diwan (Chairman and MD)
Website www.hindustancopper.com

Hindustan Copper Ltd. is a Government-owned corporation in the Central Public Sector Enterprise under the Ministry of Mines (India), Government of India. HCL is the only vertically integrated copper producer in India engaged in a wide spectrum of activities ranging from Mining, Beneficiation, Smelting, Refining and Continuous Cast Rod manufacturer.

HCL shares are listed at Mumbai, Delhi, Calcutta, Chennai, Ahmedabad exchanges.[1] On the 31st of July, the government of India announced a 15% stake sale in Hindustan Copper Limited, reducing its stake from 89.5% to 74.5%.[2]

Origin

Hindustan Copper Ltd. (HCL)[3] was incorporated on 9 November 1967 to take over the plants and Mining|mines at Khetri, Kolihan in Rajasthan and Rakha Copper Project in Jharkhand from National Mineral Development Corporation. The central office is located at Kolkata in West Bengal state in India

In 1972 Indian Copper Corporation Limited, Private Sector Company, located at Ghatsila, Jharkhand with Smelter and Refinery was Nationalized and made part of HCL. Hindustan Copper Limited developed Malanjkhand Copper Project in Madhya Pradesh, the largest hard rock Open pit mine in the country which was dedicated to the nation on 12 November 1982. Further in 1990 a Continuous Cast Wire Rod plant of South Wire Technology was commissioned at Taloja in Maharashtra.

Services

HCL also produces gold, silver, nickel sulphate, selenium, tellurium and fertilizer as by products. It is the first Indian Copper Producer to be accredited with ISO 9002 certification for Continuous Cast Rod Manufacturer at its Taloja Plant and for manufacture of cathode at its refineries both at Indian Copper Complex, Ghatsila, Jharkhand and Khetri Copper Complex, Khetri, Rajasthan

Hindustan Copper Limited is engaged in mining and smelting of copper, having its production facilities and offices at various locations across the country. On 29 June 2012, CMD of the company said that construction of a smelting refinery at Visakhapatnam with an annual capacity of 600,000 tonne at a cost of Rs 20 billion is under consideration.[4]

Units

Khetri Copper Complex (KCC)

Located in the state of Rajasthan, 180 km (110 mi) from Delhi

Indian Copper Complex (ICC)

Located in the state of Jharkhand

Malanjkhand Copper Project (MCP)

Located in Madhya Pradesh 200 km (120 mi) from Jabalpur, 300 km (190 mi) from Raipur

Taloja Copper Project (TCP)

Located in the state of Maharashtra, district-Raigad, 60 km (37 mi) from Mumbai

References

  1. ↑ Hindustan Copper Ltd, BSE January 2012, Source Business Standard
  2. ↑ http://zeenews.india.com/business/news/finance/govt-to-sell-15-stake-in-hindustan-copper_132757.html/govt-to-sell-15-stake-in-hindustan-copper_132757.html
  3. ↑ Hindustan Copper Limited Official Website
  4. ↑ "Hindustan Copper Ltd mulls Rs 2,000-crore smelting refinery in Vizag". The Times of India. 30 June 2012.
  5. ↑ Taloja Copper Project of Hindustan Copper Ltd. installed capacity of 60,000 tonnes.

External links

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