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, a public sector undertaking under the administrative control of the Ministry of Mines, was incorporated on 9th November 1967. It has the distinction of being the nation’s only vertically integrated copper producing company as it manufactures copper right from the stage of mining to beneficiation, smelting, refining and casting of refined copper metal into downstream saleable products.
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 a 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
| Incorporated to take over from National Mineral Development Corporation Ltd. |
| M/S Indian Copper Corporation Limited, Private Sector Company, located at Ghatsila, Jharkhand with Smelter and Refinery was Nationalized and made part of HCL. |
| Fully integrated Copper complex from mining to refining came on stream at Khetri ( capacity 31,000 tonnes of refined copper) |
| The largest hard rock open pit mine in the country came into stream at Malanjkhand in Madhya Pradesh of capacity 2 million tonnes ore |
| Continuous Cast Wire Rod plant of South Wire Technology of capacity 60,000 MT was commissioned at Taloja in Maharashtra. |
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