Detail of Business

Hindustan Copper Ltd (‘HCL’) is a Schedule-A, Central Public Sector Enterprise (CPSE) under the administrative control of the Ministry of Mines, Government of India. The Company was incorporated on 9th November, 1967 as a Government of India enterprise to take over all projects, schemes and studies pertaining to the exploration and exploitation of copper deposits, including smelting and refining, from National Mineral Development Corporation Ltd. The Company has its corporate and registered office situated at 1, Ashutosh Chowdhury Avenue, Kolkata-700019. The equity shares of the Company are listed on BSE Ltd and National Stock Exchange of India Ltd and 66.14% equity is owned by the Government of India. The Authorized Capital of the Company is Rs.1100 crore (equity share capital: Rs. 900 crore and preference share capital: Rs 200 crore) and Paid-up Capital of the Company is Rs. 483.51 crore.

The main activities of the Company include mining of copper ore and production of refined copper as well as downstream products such as Continuous Cast Copper Wire Rods. Currently the Company is selling copper concentrate as its principal product.

The Company has five Units, namely, 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 and Gujarat Copper Project (GCP) at Bharuch, Gujarat. The Ghatsila Unit is fully integrated having facilities from mining to refined copper production, Malanjkhand & Khetri Units have only mining and ore beneficiation facilities, Taloja Unit has wire rod manufacturing facility and Jhagadia Unit have secondary copper smelting & refining facilities.