Lloyds Metals & Energy Ltd (LMEL)

Lloyds Metals & Energy Ltd (LMEL), established in 1977, is a leading player in India’s metals and mining industry, focusing on sustainable iron ore mining and steel production. LMEL manages India’s largest single iron ore mine, targeting a dispatch capacity of 26 MTPA. Its portfolio includes 0.34 MTPA DRI (scaling to 0.7 MTPA), a 4 MTPA pellet plant (expanding to 12 MTPA), and a forthcoming 1.2 MTPA wire-rod plant, with plans for a 3 MTPA HRC plant. LMEL emphasizes sustainability through battery-operated vehicles, EV fleets, slurry pipelines, and over 100 MW of captive solar and wind power. The company, in partnership with Thriveni Earthmovers since 2021, drives industrial development while uplifting local communities through education, skill development, and environmental initiatives via Lloyds Infinite Foundation. LMEL serves steel and construction industries, with clients like TATA Steel, and is listed on NSE and BSE.