Lloyds Metals Fires Up New 360 KTPA Sponge Iron Plant

Lloyds Metals and Energy Limited (LMEL) has successfully commissioned its 360,000 tonne per annum (360 KTPA) sponge iron plant at Ghugus, Maharashtra.

The first of two kilns has been fired, with operations being gradually scaled up in a phased and controlled manner. The project was executed on a turnkey basis by Lloyds Engineering Works and completed in record time following environmental clearance received in February 2024.

This commissioning marks LMEL’s third major infrastructure milestone in the current financial year, following the successful launch of its 85 km slurry pipeline and 4 MTPA pellet plant.

With the addition of the Ghugus facility, LMEL’s total installed sponge iron capacity has risen to 700 KTPA. Strategically located, the plant enables captive utilization of mined iron ore and further strengthens the company’s fully integrated steel value chain.

LMEL’s consistent execution of complex projects within tight timelines reflects its disciplined, execution-focused approach. This has not only improved operational readiness but also enhanced capital efficiency, contributing to stronger returns on invested capital (ROIC).

News by Rahul Yelligetti.