Lloyds Metals and Energy Limited today released its operational update for the nine months ended December 31, 2025 (9MFY26), showing substantial growth in production across key segments, according to a filing with the National Stock Exchange and BSE.
For 9MFY26, the company reported:
- Iron ore production of 12.9 million tonnes, a 50% increase from 8.5 million tonnes in the same period last year.
- Direct Reduced Iron (DRI) production of 291,099 tonnes, up 22% year-on-year.
- Pellet production of 1.95 million tonnes, with the pellet plant operating at annualised capacity utilisation of more than 95%.
- Q3FY26 iron ore output of 5.5 million tonnes, more than double (110% YoY) the production in the same quarter last year, supported by strong onsite mining activities and the commissioning of an extended slurry pipeline that improved evacuation efficiency.
The operational report also highlighted 4.5 million tonnes of BHQ (Banded Hematite Quartzite) ready for processing once the company’s beneficiation plants are fully commissioned.
Lloyds Metals & Energy, incorporated in 1977, is a leading integrated player in the metals and mining sector, operating one of India’s largest iron ore mines at Surjagarh in the Gadchiroli district of Maharashtra with an expanded environmental clearance capacity of 55 million tonnes per annum (MTPA). The company also operates Direct Reduced Iron (DRI) facilities and a pellet plant, with logistical integration supported by an 85 km slurry pipeline.
Disclaimer:
This article is for informational purposes only and does not constitute investment advice. Production figures and operational highlights are based on provisional updates disclosed by the company. Investors are advised to consult certified financial advisors before making investment decisions.
