Hindustan Copper
| File:Hindustan Copper logo.svg
Hindustan Copper logo
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| Traded as | BSE: 513599 NSE: HINDCOPPER |
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| Founded | 9 November 1967 |
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Key people
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K D Diwan (Chairman and MD) |
| Website | www |
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]
Contents
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
- Capacity - 31,000 tpa copper cathode(the smelter and acid plant at KCC are under shutdown since late 2008 due to the slump in global commodity prices witnessed in 2008 and old machinery.Currently, only Concentrator for production of copper concentrate is working in addition to associated mines.)
- By-products- sulphuric acid
- Mines - Khetri and Kolihan (producing 9,500 mt metal in concentrate / annum)
- Reserve
- Khetri 34.56 million tonnes @ 1.13% cu
- Kolihan 22.45 million tonnes @ 1.33% cu
- Banwas 24.97 million tonnes @ 1.69% cu
Indian Copper Complex (ICC)
Located in the state of Jharkhand
- Capacity 16,500 tpa copper cathode
- By products Sulfuric acid, gold, silver, palladium, selenium, tellurium, nickel sulphate
- Mines - Surda
- Reserve
- Surda 19.30 million tonnes @1.17% cu
Malanjkhand Copper Project (MCP)
Located in Madhya Pradesh 200 km (120 mi) from Jabalpur, 300 km (190 mi) from Raipur
- Capacity open cast mine with a capacity of 2 million tonnes with matching concentrator
- Mines - Malanjkhand Open-pit mining
- Reserve 208.030 million tonnes @1.3% cu
- Features of the open pit mine
- length 2000 meter
- Width 600 meter
- Planned depth: 200 meter below average ground level
Taloja Copper Project (TCP)
Located in the state of Maharashtra, district-Raigad, 60 km (37 mi) from Mumbai
- Capacity 60,000 tpa continuous cast copper rod (CCR) - hindcop rods[5]
- Technology plant is based on the latest 'southwire technology'
- Product range 8 mm, 11 mm, 12.5 mm, 16 mm and 19 mm cc rod
References
- ↑ [1] Hindustan Copper Ltd, BSE January 2012, Source Business Standard
- ↑ 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
- ↑ [2] Hindustan Copper Limited Official Website
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ [3] Taloja Copper Project of Hindustan Copper Ltd. installed capacity of 60,000 tonnes.
External links
- EngvarB from May 2014
- Use dmy dates from May 2014
- Government-owned companies of India
- Public sector in India
- Companies established in 1967
- Companies listed on the Bombay Stock Exchange
- Companies listed on the National Stock Exchange of India
- Companies based in Kolkata
- Copper mining companies
- Mining companies of India
- 1967 establishments in India
- Ministry of Mines (India)
