Lloyds Metals and Energy produced 10 mnt of iron ore in FY’25, unchanged from the previous fiscal year. Meanwhile, direct reduced iron (DRI) production stood at 308,243 t in FY’25, higher by 18% as against 261,836 t in the year-ago period. This marks the company’s highest-ever sponge iron production in a fiscal year.
India: Lloyds Metals’ iron ore output remains steady y-o-y in FY’25; DRI production hits record high
direct reduced iron FY25 DRI production Lloyds Metals FY25 vs FY24 production highest sponge iron production Indian DRI production Indian mining news iron ore output FY25 iron ore production India Lloyds Metals and Energy Lloyds Metals FY25 performance sponge iron output record sponge iron production FY25 steel raw materials
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