Company Profile
Hindustan Copper Limited (HCL) is owned by the Government of India. Established in 1967, it is the only government company in India that mines copper ore and produces pure refined copper across 5 different states.
Hindustan Copper Limited (HCL), a Miniratna Category-I, Government of India (GoI) Enterprise under the administrative control of the Ministry of Mines, was incorporated on 9th November 1967 under the Companies Act., 1956. It was established as a Govt. of India Enterprise to take over all plants, projects, schemes and studies pertaining to the exploration and exploitation of copper deposits from National Mineral Development Corporation Ltd. It is the only company in India engaged in mining of copper ore and owns all the operating mining lease of Copper ore and also the only integrated producer of refined copper (vertically integrated company).
The Company has the facilities for production & marketing of copper concentrate spread across five operating Units, one each in the States of Rajasthan, Madhya Pradesh, Jharkhand, Maharashtra and Gujarat.
The Company produces and markets copper concentrate, copper cathodes, and continuous cast copper rods, along with valuable by-products like gold and silver. Currently, HCL is primarily focused on copper ore mining and selling copper concentrate.
- Sales Turnover: Rs 1,660.63 crore
- Net Profit (PAT): Rs 295.31 crore
Operating Units across India:
- Malanjkhand Copper Project (MCP) at Malanjkhand, Madhya Pradesh
- Khetri Copper Complex (KCC) at Khetrinagar, Rajasthan
- Indian Copper Complex (ICC) at Ghatsila, Jharkhand
- Taloja Copper Project (TCP) at Taloja, Maharashtra
- Gujarat Copper Project (GCP) at Jhagadia, Gujarat
- Miniratna: A special status given by the Government to high-performing public sector companies.
- Integrated Producer: A company that handles everything from raw material mining to making the final finished product.
Company Timeline & History
| 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 having facilities of 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 with 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. |
| June 2015" | Secondary Copper Smelter and Refinery Unit at Jhagadia, Gujarat ( 50,000 TPA of Copper Cathodes Conforming to LME-A grade ) was acquired |
Mission, Vision and Values
The vision document broadly addressing the goals of the company is indicated below:
Vision
To strive to be a leading metal mining company and maximize total shareholder return by sustainably finding, developing, and mining copper ore and such other geologically associated minerals.
Mission
- To achieve sustainable growth in business through optimum & efficient use of existing resources and assets.
- To achieve rapid expansion of mining capacity through expansion of existing mines, re-opening of closed mines and green field projects.
- Detailed exploration of existing mines and new mining leases to expand mining capacity.
- To enhance the value of the Company by focusing on performance improvement.
- To assimilate state-of-the art technology in exploration, mining and benefification of ores for competitive advantage.
- To strive for continuous improvement in productivity and energy to bring at par with the best internationally.
- To continue innovation through research & development.
Core Values
“Nurture the essence of Customer Relationship and Bonding.”
Leadership Overview
| Name | Mr. Sitendu Dash |
| Phone | 033-22832226 |
| sitendu_d@hindustancopper.com | |
| Role | Website Information Manager |