Monthly Update1 Oct 2025, 03:26 pm
Lloyds Metals & Energy Ltd Ramps Up Iron Ore Production by 24% YoY in H1FY26
AI Summary
Lloyds Metals and Energy Ltd has announced its operational performance for H1FY26, demonstrating consistent production across all key segments. The company has scaled up iron ore production to 7.4 million tonnes, a 24% YoY increase. The commissioning of the slurry pipeline supported more efficient evacuation, despite seasonal constraints. Direct Reduced Iron (DRI) production was 167.8k tonnes, and the newly commissioned 4 MTPA pellet plant contributed to the production of 0.81 million tonnes. The company is committed to sustainability, innovation, and cost leadership.
Key Highlights
- Iron ore production ramped up by 24% YoY in H1FY26
- Q2FY26 iron ore volumes increased by 77% YoY
- New 360 KTPA DRI facility commissioned at Ghugus during Q2 FY26
- 4 MTPA pellet plant commissioned, contributing to 0.81 million tonnes of production
- Company committed to sustainability, innovation, and cost leadership