By BasisPoint Insight
June 24, 2025 at 8:09 AM IST
Lloyds Metals and Energy Ltd. on Saturday said it has commissioned two major strategic projects in Maharashtra—a 4-million-tonne-per-annum pellet plant at Konsari and an 85-kilometre-long iron ore slurry pipeline connecting Hedri to Konsari.
The infrastructure is part of the company’s ongoing expansion strategy to strengthen its backward integration and improve logistics efficiency in raw material transportation.
The pellet plant will convert iron ore into high-grade pellets for use in steel production, while the slurry pipeline is expected to significantly cut down the cost and environmental impact of moving iron ore from the Hedri mine.