Hindustan Copper Limited
Hindustan Copper logo
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| Traded as | : : HINDCOPPER |
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| Industry | Mining |
| Founded | 9 November 1967 |
| Headquarters | Kolkata, India |
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Number of locations
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Delhi, Bangalore |
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Key people
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K D Diwan (Chairman and MD) |
| Website | www |
Hindustan Copper Ltd. 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. On the 31st of July 2015, the government of India announced a 15% stake sale in Hindustan Copper Limited, reducing its stake from 89.5% to 74.5%.
Hindustan Copper Ltd. (HCL) 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 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 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.
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