(THE NEWSMAN OF INDIA.COM) Arun Kumar Shukla, Chairman and Managing Director, Hindustan Copper Limited, virtually inaugurated Pradhan Mantri Jan Aushadhi Kendra on (29.05.2021) at Malanjkhand Copper Project, MP, with a vision to provide quality generic medicines at affordable prices to the masses.

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. In normal practice, more than 90% of the sales revenue is generated from cathode and continuous cast copper rods. In concluded financial year 2016-17, as per provisional estimates, the Company has earned a net profit of Rs 61.94 crore against a sales turnover of Rs 1216.94 crore. HCL’s mines and plants are spread across five operating Units, one each in the States of Rajasthan, Madhya Pradesh, Jharkhand, Maharashtra and Gujarat