Hindustan Copper

2021-12-19T06:10:44Z

24.4.142.90:

{{Use dmy dates|date=May 2014}}
{{Use Indian English|date=June 2016}}
{{more footnotes|date= June 2021}}

{{Infobox company
| name = Hindustan Copper Limited
| logo = Hindustan Copper logo.svg
| logo_size = 150px
| traded_as = {{BSE|513599}}<br />{{NSE|HINDCOPPER}}
| genre = 
| fate =
| predecessor =
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| foundation = {{Start date|df=yes|1967|11|09}}
| founder =
| defunct = 
| location_city = Kolkata
| location_country = India
| locations = [[Mumbai]], [[Delhi]], [[Kolkata]], [[Chennai]], [[Bangalore]] and [[Ahmedabad]]
| area_served =
| key_people = Arun Kumar Shukla<ref>{{Cite news|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/arun-kumar-shukla-takes-charge-as-cmd-of-hindustan-copper/articleshow/73056886.cms?from=mdr|title = Arun Kumar Shukla takes charge as CMD of Hindustan Copper|newspaper = The Economic Times|last1 = Mazumdar|first1 = Rakhi}}</ref> (wef.
Jan 2020) <small>(Chairman and MD)</small>
| industry = Mining
| products =
| services =
| revenue =
| operating_income =
| net_income =
| aum = 
| assets =
| equity =
| owner = [[Government of India]] (74.5%)
| num_employees =
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| divisions =
| subsid =
| homepage = {{URL|hindustancopper.com}}
| footnotes =
}}

'''Hindustan Copper Ltd.''' ({{BSE|513599}}, {{NSE|HINDCOPPER}}) 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]], [[Kolkata]], [[Chennai]], [[Ahmedabad]] exchanges.<ref>[http://www.business-standard.com/stockpage/stock_details.php?bs_code=641] Hindustan Copper Ltd, [[Bombay Stock Exchange|BSE]] January 2012, Source Business Standard</ref> On 31 July 2015, the [[Government of India]] announced a 15% stake sale in Hindustan Copper Limited, reducing its stake from 89.5% to 74.5%.<ref>{{Cite web|url=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|title = Govt to sell 15% stake in Hindustan Copper|date = 31 July 2015}}</ref>

==Origin==
Hindustan Copper Ltd. (HCL)<ref>[http://hindustancopper.nic.in/] Hindustan Copper Limited Official Website</ref> was incorporated on 9 November 1967 to take over the plants and mines at Khetri, Kolihan in Rajasthan and [[Rakha Mines|Rakha]] Copper Project in Jharkhand from [[National Mineral Development Corporation]]. The central office is located at [[Kolkata]] which is the capital of the [[West Bengal]] state in India.

In 1972 Indian Copper Corporation Limited, [[Private Sector]] Company, located at [[Ghatsila]], [[Jharkhand]] with Smelter and [[Refining (metallurgy)|Refinery]] was Nationalized and made part of HCL. Hindustan Copper Limited developed [[Malanjkhand|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 [[fertiliser]] 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 [[Copper mining|mining]] and [[copper smelting|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 ₹20 billion is under consideration.<ref>{{cite news| url=http://economictimes.indiatimes.com/news/news-by-industry/indl-goods/svs/steel/hindustan-copper-ltd-mulls-rs-2000-crore-smelting-refinery-in-vizag/articleshow/14506484.cms | title=Hindustan Copper Ltd mulls Rs 2,000-crore smelting refinery in Vizag | date=30 June 2012 | work=The Times of India}}</ref>

==Units==

===Khetri Copper Complex===
Located in the state of [[Rajasthan]], {{convert|180|km|mi|abbr=on}} from [[Delhi]]
*[[Volume|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-product]]s- [[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===
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===
Located in [[Madhya Pradesh]] {{convert|200|km|mi|abbr=on}} from [[Jabalpur]], {{convert|170|km|mi|abbr=on}} from [[Raipur]]
*Capacity open cast mine with a [[volume|capacity]] of 2 million tonnes with matching concentrator
*Mines - [[Malanjkhand]] [[Open-pit mining]]
*[[Mineral resource classification#Mineral reserves|Reserve]] 208.030 million tonnes @1.3% cu
*Features of the open pit mine
**length 2600 meter
**Width 700 meter
**Planned depth: 240 meter below average [[Earth's surface|ground level]]
The open pit mine has reached ultimate pit depth and further it's not economically viable to exploit the mineral with open pit mining, Hence the mine is being converted to underground mines with enhanced capacity of 5 million tonnes with an investment to the tune of 2000 crores.

===Taloja Copper Project ===
Located in the state of [[Maharashtra]], district-[[Raigad district|Raigad]], {{convert|60|km|mi|abbr=on}} from [[Mumbai]]
*Capacity 60,000 tpa continuous cast copper rod - hindcop rods<ref>[http://www.google.co.in/#q=hindustan+copper+limited+taloja&hl=en&start=10&sa=N&fp=bb2915c837296071] Taloja Copper Project of Hindustan Copper Ltd. installed capacity of 60,000 tonnes.</ref>
*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==
{{reflist}}

==External links==
* [http://www.hindustancopper.com Official website]
*[http://economictimes.indiatimes.com/news/politics/nation/Divestment-of-Hindustan-Copper-Ltd-in-coming-fiscal/articleshow/5348904.cms Divestment of Hindustan Copper Ltd in coming fiscal-Source-Economic Times]
* [http://www.indiastudychannel.com/jobs/292199-Hindustan-Copper-Ltd.-Recruitment-Loader-Operator-Loco-Driver-Assistant.aspx Latest Recruitment Notification]
*[https://www.google.com/finance/company_news?q=BOM:513599 Hindustan Copper Ltd. News-Source Google Finance]
*[http://economictimes.indiatimes.com/Stocks-in-News/articleshow/6004306.cms Hindustan Copper sees stake sale OK next week-Source-2 Jun 2010, Reuters]

{{Public Sector Undertakings in India}}
{{Nifty 200 companies}}

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[[Category:Copper mining companies of India]]
[[Category:Government-owned companies of India]]
[[Category:Ministry of Mines (India)]]
[[Category:Companies based in Kolkata]]
[[Category:Non-renewable resource companies established in 1967]]
[[Category:Indian companies established in 1967]]
[[Category:1967 establishments in West Bengal]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

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Hindustan Copper