Lloyds Metals And Energy Limited — Important, 01-07-2025: Updates

Lloyds Metals and Energy has announced a board meeting to review the financial results for the quarter and half-year. The company’s Q1FY26 operations show a 3% rise in Direct Reduced Iron (DRI) production to 79,033 tonnes, while iron ore output held steady at 4 million tonnes. Key milestones include the commissioning of a 4 million tonne pellet plant and an 85 km slurry pipeline, enhancing downstream capacity and logistics. Environmental clearance to expand iron ore mining capacity to 26 million tonnes per annum supports future growth. Operational momentum and capacity expansions position the firm well in the steel supply chain.