Lloyds Metals gets approval to expand iron ore mining capacity

Lloyds Metals & Energy has received the consent to establish (CTE) for expansion of its hematite iron ore mine in Surjagarh village of Maharashtra's Gadchiroli district from the current 3 million tonnes (mnt) per annum to 10 mnt per annum. The CTE has also been granted for a crushing and screening plant at the site covering an estimated 348.09 ha.

Initially, mining lease was granted for 20 years on 13 April, 2007 and executed on 3 May. 2007 Further, as per MMDR Amendment Act, 2015, supplementary lease deed for extension of lease period was executed on 3 December, 2021 valid up to 2 May, 2057. The expansion of production capacity