Lloyds Metals and Energy has reported its highest-ever quarterly iron ore production, achieving 4 million tonnes (provisional), marking a 6% year-on-year (YoY) increase in Q1FY25 and a 162% quarter-on-quarter (QoQ) rise. Additionally, the company's Direct Reduced Iron (DRI) production reached around 76,000 tonnes (provisional), reflecting a 16% YoY growth.
Lloyds Metals and Energy is into the business of manufacturing of sponge iron, power generation and mining activities.