Posted In: Copper, Metal

HINDCOPPER – Hindustan Copper Ltd

Hindustan Copper Ltd. is a Government-owned corporation in the Central Public Sector Enterprise under the Ministry of Mines (India), Government of India. Hindustan Copper Ltd. 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. 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 also produces gold silver, nickel sulphate, selenium, tellurium and fertiliser as by products.

The only company in India engaged in mining of copper ore
Has access to over 2/3rd of India’s copper ore reserves
• Reserves: 411.53 mn tonnes
• Resources: 623.31 mn tonnes

Copper

Copper is a chemical element with the symbol Cu (from Latin: cuprum) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkish-orange color. Copper is used as a conductor of heat and electricity, as a building material, and as a constituent of various metal alloys, such as sterling silver used in jewelry, cupronickel used to make marine hardware and coins, and constantan used in strain gauges and thermocouples for temperature measurement.

Products/Services

Main Product
Continuous Cast Copper Rod
Copper Cathode
Copper Concentrate

By-Product
Copper Sulphate
Sulphuric Acid
Reverts
Anode Slime
Typical Nickel Cathode

Copper Price Trend


Sales Volume / Production Volume

Latest Sales Volume https://www.hindustancopper.com/Page/SalesVolume

Sales Volume – Fourth Quarter (Jan 2019 to Mar 2019)

Item Description Unit Q4 (2018-19) Q4 (2017-18) Change %
Copper Cathode MT 591 830 -28.80
Copper CC Rods MT 3730 5852 -36.26
Copper Sulphate MT 102 87 17.24
Sulphuric Acid MT 2684 2028 32.35

Plants and Capacity

Indian Copper Complex – Ghatsila, Singhbhum(E), Jharkhand
Products – Copper concentrate & cathode
Capacity – Ore -0.4 mn tonnes p.a., Cathode – 18,500 tonnes p.a.

Khetri Copper Complex – Khetri Nagar, Jhunjhunu, Rajasthan
Products – Copper Concentrate & cathode
Capacity – Ore -1.0 mn tonnes p.a., Cathode – 31,000 tonnes p.a.

Malanjkhand Copper Project – Malanjkhand, Balaghat, Madhya Pradesh
Products – Copper Concentrate
Capacity – Ore -2.0 mn tonnes p.a.

Taloja Copper Project – Taloja, Raigad, Maharashtra
Products – Copper wire rod
Capacity – 60,000 tonnes p.a.

Gujarat Copper Project – Jhagadia, Bharuch, Gujarat
Products – Copper cathode
Capacity – Cathode – 50,000 tonnes p.a.

Plans to increase capacity from 3.4 mn tonnes to 12.2 mn tonnes

Financials

(In Rupees Crores) 2018-19 2017-18 2016-17 2015-16
Total Income 1,852.91 1,711.55 1,231.41 1,017.52
PBT 230.38 122.04 94.54 45.37
PAT 145.51 79.61 61.94 43.56
EPS 1.57 0.86 0.67 0.47
ROCE 8.09 5.87 1.95
ROE 5.21 4.22 2.27
Book Value 16.51 15.86 20.68
Tags: , , , , , , ,

by , created on July 2nd, 2019, last updated on July 2nd, 2019

Leave a Reply