Lloyds Metals & Energy Ltd (LMEL) is a manufacturing company incorporated in 1977. The company holds a lease for iron ore mines at Surjagarh Village, Gadchiroli district, which is rich in iron ore reserves and secured for an extended period under the MMDR Act, 2018. LMEL is the largest coal-based DRI manufacturer in Maharashtra, contributing significantly to the state's steel supply chain sector. The company's manufacturing facilities in Ghughus Village, Chandrapur district, and Konsari, Gadchiroli District, have a combined production capacity of almost 0.4 Million mt and 34 MW of power plant generation. LMEL is also in the process of setting up a pellet plant, additional DRI and Power capacity, and a 0.5 Million mt SMS and WRM (Wire Rod Mill). The company operates within the Energy and Manufacturing industries, positioning it to capitalize on the growing demand for steel and energy resources. With its strategic location and production capacity, LMEL exhibits potential for sustained growth and innovation in the energy and steel manufacturing sectors.
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