Lloyds Metals & Energy Sustains Robust Ore & DRI Production; Commences Pellet Operations

Lloyds Metals and Energy Limited has announced its operational performance for Q1FY26, demonstrating consistent production across all key segments. The company's DRI production stands at 79,033 tonnes, marking a growth of 3% over Q1 FY25. Iron ore production remains stable at ~4.0 million tonnes. The company has received Environmental Clearance (EC) for expanding its iron ore mining capacity to 26 million tonnes per annum. A 4 million tonne pellet plant and 85 km slurry pipeline became operational in June 2025. LMEL is a leading integrated metal and mining company and the largest merchant iron ore miner in Maharashtra, India.