Lloyds Metals & Energy’s wholly owned subsidiary -- Lloyds Global Resources FZCO (LGRF) has incorporated ‘Virtus Lloyds Resources FZCO’(Virtus) a wholly owned Subsidiary in the Dubai Multi Commodities Centre Zone. Accordingly Virtus will be step down subsidiary of Lloyds Metals and Energy. The objective of incorporation is to expand company’s business of investment in Metals and Mining in United Arab Emirates, Dubai in the Dubai Multi Commodities Centre Zone and to enter into strategic partnership with Metals and Minerals developers from United States of America (USA).
Lloyds Metals & Energy is into the business of manufacturing of sponge iron, power generation and mining activities.
