A world-class integrated player in the metals and mining industry, Lloyds Metals & Energy (LMEL) is engaged in revolutionising iron ore mining and beneficiation, manufacturing of sponge iron, and power generation, while diversifying into new segments of growth through active forward integration. Its expanding business horizons have positioned LMEL ideally to partner the nation in the realisation of its steel production goals, and to fulfil aspirations to create an economic powerhouse at Chandrapur and Gadchiroli in Maharashtra.

Sustainability is also deeply embedded in Lloyds Metals’ growth strategy. The company is pioneering initiatives such as battery-operated vehicles and EV fleets for mining operations, establishing slurry pipelines to reduce carbon emissions, and prioritizing renewable energy solutions. These efforts underscore its commitment to environmentally responsible practices while meeting the demands of an evolving industry.

Business area of the company

The company is into the business of mining of iron ore, manufacturing of sponge iron, generation of power and trading of pellets. With operations strategically located in the heart of India- Chandrapur and Gadchiroli in Maharashtra, the company is currently advancing towards a sustainable and integrated steel business.

Products of the company 

• Iron Ore
• Sponge Iron (DRI)
• Pellets
• WR/TMT
• HRC

Milestones

• 1977: Lloyds Metals & Energy was incorporated as a small scale steel producer.
• 1993: Applied for a 348-hectare mining lease for iron ore extraction at Surjagarh.
• 1995: Commenced 150,000 ???? coal-based DRI manufacturing at Ghugus, & got listed on BSE.
• 2006: Enhanced DRI capacity to 2,70,000 ????.
• 2007: secured a 20-year mining lease, later extended for an additional 30 years.
• 2011: Commissioned a 30 MW Power Plant.
• 2021: Thriveni Earthmovers joined as co-promoter & was appointed as the MDO.
• 2022: Achieved 100% mining capacity of 3 MTPA.
• 2023: Obtained EC for 10 MTPA mining & got listed on NSE.
• 2024: Started production of 70,000 tonnes DRI at Konsari & scaled mining capacities to 10 MT.
• 2025: Surjagarh mines get 5-star rating.