Latest news with #LloydsMetals&EnergyLimited


Indian Express
20-07-2025
- Business
- Indian Express
Days after after passage of Public Security Bill, Maharashtra CM Fadnavis to inaugurate iron ore projects in Gadchiroli
Over a week after the state government passed the Maharashtra Special Public Security Bill to tackle left-wing extremism, Chief Minister Devendra Fadnavis is slated to inaugurate a slew of projects in Naxal-affected Gadchiroli district on Tuesday. The chief minister will inaugurate the first phase of the 5-Million Tonnes Per Annum (MTPA) iron ore grinding plant and a 10 MTPA slurry pipeline project – the first operational iron ore slurry pipeline in the state – at Hedri in Gadchiroli. CM Fadnavis will also lay the foundation stone for several projects, including a 4.5 MTPA Integrated Steel Plant at Konsari, a 100-bed multispeciality hospital, a school, and a 116-acre Lloyds Township in the Naxal-affected region. Government sources said the 85-km-long slurry pipeline will establish a seamless and environment-friendly logistics link between Hedri and a pellet plant at Konsari, ensuring reliable ore transportation while lowering the carbon footprint by 55 per cent. In a remarkable development, the grinding plant, constructed by the Lloyds Metals & Energy Limited (LMEL), has employed 65 former Naxals – 27 in the administration department, 29 in civil/construction, and nine in the mechanical department. The facility was readied in a year. B Prabhakaran, Managing Director, LMEL, said, '22nd July, 2025, is going to be recorded in the history of Gadchiroli as well as Maharashtra in golden letters… After successful green operations of iron ore mines at Surjagarh, commissioning of the DRI (Direct Reduced Iron) plant and pellet plant at Konsari, now a giant leap of faith is being taken in the form of an integrated steel plant.'


Business Upturn
26-06-2025
- Business
- Business Upturn
Lloyds Metals gets environmental clearance to expand iron ore mining capacity to 55 MTPA
By Aman Shukla Published on June 26, 2025, 08:13 IST Lloyds Metals & Energy Limited (LMEL) has achieved a major breakthrough with the receipt of Environmental Clearance to expand its iron ore mining capacity to 55 million tonnes per annum. This marks a historic moment not just for the company but also for India's mineral and steel industry, as LMEL's project now becomes the country's largest iron ore mine. This expansion is expected to transform the steel landscape of Gadchiroli, where steel production is gaining momentum. LMEL's mine will serve as a critical source of raw material for these emerging industries. In the initial phase, the company will mine up to 26 MTPA of Hematite ore, and gradually ramp up to 55 MTPA including 45 MTPA of Banded Hematite Quartzite (BHQ). With time, direct sales ore will be replaced by high-grade beneficiated ore as LMEL's processing facilities come online. A standout feature of this development is the company's strong commitment to sustainability. The mine will incorporate electric machinery, battery-operated equipment, LNG vehicles, and renewable energy solutions, setting a benchmark for eco-friendly mining operations. LMEL is also building one of the world's largest iron ore beneficiation complexes at Hedri. The pilot plant has already shown promising results, producing over 66% iron content with excellent yield. The final concentrate will serve as premium feed material for pellets and sinters, ensuring top-quality and low-emission steel production. This project gives LMEL a strategic edge by ensuring cost-effective, in-house iron ore supply for its steel and pellet operations. With improved cost structures and a sharp focus on forward integration, the company is now positioned to become one of India's most efficient and competitive steel producers. The expanded operations will commence once the final Consent to Operate is received from the Maharashtra Pollution Control Board. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at