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Hindustan Copper Limited

Khetri, Rajasthan
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Hindustan Copper Limited

Hindustan Copper Limited (HCL), 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:

Factsheet

Basic Information

Nature of BusinessManufacturer
Additional BusinessDistributor
Year of Establishment1967
Legal Status of FirmPublic Limited Company

Statutory Profile

GST No.08AAACH7409R1Z1
CIN No.L27201WB1967GOI028825

Board of Directors

Board of Directors
  • Shri K.D.Diwan
  • Shri Arun Kumar
  • Ms. Sujata Prasad
  • Shri Anupam Anand
  • Shri. Avijit Ghosh
  • Shri. Subhendra Nanda
  • Shri. V. V. Venugopal Rao
  • Shri Arvind Sahay
  • Shri G P Joshi
  • Shri Puneesh Kapoor
  • Ms Bulbul Sen
  • Dr. U. D. Choubey
  • Shri V. K. Srivastava
  • Shri Ashok Kumar Singh

Quality Policy

We, at the Corporate Office of Hindustan Copper Limited, are committed to ensuring a high level of satisfaction of all our stakeholders while achieving excellence in the organisation's sus&ined and inclusive growth by means of continual improvement of Quality Management Systems.

Our Management

Subject to the provisions of the Companies Act, 1956 & the directives/Instructions issued by the Government from time to time and the provisions contained in the Memorandum & Articles of Association of the Company, the business of the Company is being managed by the Board of Directors of the Company, who issues guide lines & formulate policies for smooth functioning of the business. All the powers are vested with and exercised by the Board excepting those which are specifically to be exercised by the share holders of the Company in General Body meetings. However, for day-to-day operations, the CMD / Functional Directors are delegated with adequate powers. The functional Directors are, in-turn, supported by professional executives and Chiefs of Operating Units in discharging responsibilities of their respective functional Area.

Our 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.

Our 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 beneficiation 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.
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