Lloyds Metals’ Output Steady In April–June; DRI Rises 3% On Year

Lloyds Metals and Energy Ltd. said iron ore output was flat at 4 million tonnes in April–June, while direct reduced iron production rose 3% on year to 79,033 tonnes.

The company received clearance to expand mining capacity to 26 million tonnes annually and commissioned a 4 million-tonne pellet plant and an 85-km slurry pipeline in June.