21-01-2013, 04:43 PM
HINDUSTAN COPPER LIMITED
HINDUSTAN COPPER LIMITED.docx (Size: 2.12 MB / Downloads: 89)
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, Calcutta, Chennai, Ahmedabad exchanges.
The Company markets copper cathodes, copper wire bar, continuous cast copper rod and by-products, such as anode slime (containing gold, silver, etc.), copper sulphate and sulphuric acid. More than 90% of the sales revenue is from cathode and continuous cast copper rods. In concluded financial year 2006-07, as per provisional estimates, the Company has earned all time highest net profit pf Rs 331 crore (~USD 75 million) against a sales turnover of Rs 1800 crore (~ USD 420 million). HCL’s mines and plants are spread across four operating Units, one each in the States of Rajasthan, Madhya Pradesh, Jharkhand and Maharashtra as named below:
» Khetri Copper Complex (KCC) at Khetrinagar, Rajasthan
» Indian Copper Complex (ICC) at Ghatsila, Jharkhand
» Malanjkhand Copper Project (MCP) at Malanjkhand, Madhya Pradesh
» Taloja Copper Project (TCP) at Taloja, Maharashtra
November 1967 Incorporated to take over from National Mineral Development Corporation Ltd.
March 1972 M/S Indian Copper Corporation Limited, Private Sector Company, located at Ghatsila, Jharkhand with Smelter and Refinery was Nationalized and made part of HCL.
February 1975 Fully integrated Copper complex from mining to refining came on stream at Khetri ( capacity 31,000 tonnes of refined copper)
November 1982 The largest hard rock open pit mine in the country came into stream at Malanjkhand in Madhya Pradesh of capacity 2 million tonnes ore
December 1989 Continuous Cast Wire Rod plant of South Wire Technology of capacity 60,000 MT was commissioned at Taloja in Maharashtra.
Origin
Hindustan Copper Ltd. (HCL)[2] was incorporated on 9 November 1967 to take over the plants and 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.
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 refinery for production of copper concentrate is working in addition to associated mines.)
• By-products- sulphuric acid