Australian Copper, Copper Production and Exploration, Copper Resources, WA

The History

Aditya Birla Minerals is an Australian based mining company that conducts copper production and exploration from the Birla Nifty Western Australian copper mine and Birla Mt Gordon copper mine located in Mt Isa, Queensland. The company was established in 2003 and began to mine copper in WA and QLD locations. Later that year, Aditya Birla Minerals obtained adjacent exploration tenements to expand copper exploration at a future date.

The Aditya Birla Group

Both Hindalco and Aditya Birla Minerals are members of the Aditya Birla Group, one of India’s largest conglomerates specialising in copper exploration and production. Aditya Birla Minerals was listed on the Australian Stock Exchange in 2006 thanks to a successful IPO. The company raised $299 million by issuing approximately 159 million shares, resulting in Hindalco’s share to be diluted to 51%.

Hindalco still has 51% ownership in Aditya Birla Minerals and is closely affiliated with copper production and underground mining operations in Australia. Other major shareholders obtaining copper investment opportunities include JPMorgan (Institutional Group), Langely Alexander Walker, Black Rock Advisors (Institutional Group), Old Mutual ( Institutional Group), DFA Australia Ltd., Paradise Investment Management Pty Ltd and LSV Asset Management.

Australian Copper Production and Exploration

Aditya Birla Minerals was established in 2003 to pursue copper production and develop copper in concentrate sources in Australia. The company acquired the Nifty copper mine in WA and Mt Gordon copper mine in QLD, alongside adjacent tenements for prospective copper exploration.

The Birla Nifty copper mine consists of an open pit mine, heap leach pads, a solvent extraction and electrowinning (SXEW) processing plant, which produces copper cathode and an underground mine with a copper concentrate plant. The Mt. Gordon copper operation consists of two underground mines and a copper concentrate plant, allowing Aditya Birla Minerals to undertake underground mining of high standard.

Aditya Birla Minerals understands that excellence in environmental performance is essential to business success, which is why the company’s copper production, underground mining, drilling and copper exploration meets environmental laws and regulations. The Queensland and West Australian copper production accounts for approximately 20% of Hindalco’s concentrate requirements.

Hindalco History

Hindalco owns and operates an integrated copper smelting and refinery facility located in Dahej, India, (“Hindalco Copper”). Hindalco Copper’s facility was initially commissioned in 1998 with an annual capacity of 100 ktpa and has been progressively expanded to its current commissioned capacity of 500 ktpa. Hindalco Copper’s strategy is to source a significant percentage of feedstock from strategic long-term sources. Aditya Birla Minerals provides copper resources to Hindalco, maintaining their position as industry leader.

For further background and information on copper production, exploration or copper investment opportunities, contact us.

To learn more about our credible copper production, copper exploration , copper mine in WA and QLD, copper mining, underground mining or copper investment opportunities, copper operations, contact Aditya Birla Minerals.