en.Wedoany.com Reported - On July 1, Lloyds Metals and Energy Limited released its operational data for the first quarter of fiscal year 2027 (April 1 to June 30, 2026). During the quarter, iron ore production reached 6.05 million tons, a year-on-year increase of 53%. The company maintained its iron ore production target for fiscal year 2027 (April 1, 2026 to March 31, 2027) at 26 million tons.

Iron ore production for the quarter did not include 5.89 million tons of BHQ (Banded Hematite Quartzite), which will be processed after the beneficiation plant becomes operational. In terms of pellet operations, the company recently commissioned a pellet plant with an annual capacity of 4 million tons, bringing total annual pellet capacity to 8 million tons; pellet production in the first quarter was 1.69 million tons. Direct reduced iron (DRI) production stood at 182,460 tons, up 131% year-on-year, with two newly built rotary kilns having been commissioned and operating at full capacity.

Lloyds Metals and Energy Limited is a major commercial iron ore producer in Maharashtra, India, operating the Surjagarh iron ore mine in the Gadchiroli district. According to the company's official website, the mine has a capacity of 26 million tons per year of dispatchable iron ore, with plans to expand total capacity to 55 million tons per year as beneficiation capacity increases. In addition to iron ore, pellets, and DRI, the company also disclosed that copper production in the first quarter was 2,754 tons, following the first copper output from the Surya mine in the Democratic Republic of the Congo (DRC) in March.