Lloyds Metals Commissions 360 KTPA Sponge Iron Plant at Ghugus, Strengthening Integrated Growth

Lloyds Metals and Energy Ltd. has successfully commissioned a 360,000 tonnes per annum (360 KTPA) sponge iron plant at Ghugus, Maharashtra. The first of the two kilns has been successfully fired and operations are being ramped up in a phased and calibrated manner. This plant was executed on a turnkey basis by Lloyds Engineering Works Limited and was completed in record time following receipt of Environmental Clearance in February 2024. This commissioning marks the third major facility operationalized by the Company within the current fiscal year. With the addition of this facility, LMEL’s total installed sponge iron capacity now stands at 700 KTPA. The Ghugus unit is strategically positioned to support captive utilization of the company’s mined iron ore and bolster its integrated value chain of steel making.