Lloyds Metals & Energy commissions second Pellet Plant at Konsari in record time

Lloyds Metals & Energy Ltd. | Steel/Sponge Iron/Pig Iron | Metals & Mining | BSE: 512455 | NSE: LLOYDSME

04 May 2026 Evaluate

Lloyds Metals & Energy (LMEL) has commissioned its second pellet plant of 4 million tonnes per annum (MTPA) capacity at Konsari, Maharashtra--completed in a remarkable record time of 16 months from the date of commencement of construction. This milestone reaffirms the company's ability to execute world-class industrial projects with speed, precision, and an unwavering commitment to operational excellence--consistent with its track record of delivering the first pellet plant and the 85-kilometre iron ore slurry pipeline at the same site in June 2025.

With this commissioning, the company now operates two pellet plants at Konsari with a combined own capacity of 8 MTPA, without accounting for the company’s strategic investments in (MRPPL) and (BRPL). The existing pellet plant of 4 MTPA has reached 100% capacity utilisation. The pellet plant draws its feedstock directly from the company’s captive, low-alumina iron ore mines at Surjagarh, Gadchiroli, seamlessly transported via the 85-kilometre iron ore slurry pipeline commissioned in June 2025. The low alumina content of LMEL’s captive ore enables the production of premium-grade pellets that command a pricing premium in domestic and export markets.

This commissioning is a strategic cornerstone in LMEL’s journey to build an integrated, end-to-end steel value chain. The company remains deeply committed to responsible and efficient growth, leveraging its geological advantage, its execution capabilities, and its long-term vision to build an asset base that is resilient, cost-competitive, and fully aligned with India’s expanding steel demand.

Lloyds Metals & Energy is into the business of manufacturing of sponge iron, power generation and mining activities.

Lloyds Metals&Energy Share Price

1735.25 10.30 (0.60%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Jindal Steel	1248.10
Lloyds Metals&Energy	1735.25
Jai Balaji Inds	83.52
Steel Exchange India	10.66
Rajputana Stainless	135.05
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