Lloyds Metals and Energy has received the Environmental Clearance (EC) to expand its iron ore mining capacity to 55 million tonnes (Maximum) per annum (MTPA). This is a defining milestone in the Company’s journey and a pivotal development for India’s mineral and steel landscape. With 55 MTPA production capacity, company’s mine stands as the largest iron ore operation in the nation. This development is set to significantly enhance the raw material security for domestic steel producers. The expansion is poised to play a strategic role in the emerging steel industry in Gadchiroli, as the region witnesses a growing presence of companies venturing into steel production, company’s mine will act as a foundational enabler for these downstream industries.
The effective date of commencement of operations for enhanced capacity would be after receipt of Consent to Operate (CTO), from Maharashtra Pollution Control Board (MPCB) which has been applied for and shall be received shortly.
Lloyds Metals and Energy is into the business of manufacturing of sponge iron, power generation and mining activities.
| Company Name | CMP |
|---|---|
| Jindal Steel | 1223.85 |
| Lloyds Metals&Energy | 1556.95 |
| Jai Balaji Inds | 68.62 |
| Steel Exchange India | 8.85 |
| Rajputana Stainless | 125.90 |
| View more.. | |
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