LMEL is a fast-growing integrated player in India’s metals and mining sector with operations  spanning iron ore mining, supported by a strong pipeline of downstream steel capacity  expansion. In recent years, LMEL has demonstrated strong growth in production and profitability,  driven by enhanced mining capacities, increasing integration across the steel value chain, and  favourable sector tailwinds.

Rahul Chhaparwal, Partner, Kotak Alts said, “Lloyds has built a strong and scalable mining  platform with a clear path towards integration. Our investment is aimed at supporting the  company’s next phase of growth and capacity expansion, while providing a flexible capital  solution aligned with its long-term objectives. We look forward to deepening our relationship  with the Lloyds Group and partnering with them as they continue to scale the business.”

Mukesh Gupta, Chairperson, LMEL said, “We are delighted to partner with Kotak Alts. This  investment strengthens our capital base as we continue to scale our mining and integrated steel  operations. Kotak’s solution oriented and long-term approach aligns well with our growth plans,  and we look forward to building this partnership as we expand our platform.”

Lloyds Metals and Energy Limited 

Lloyds Metals and Energy Limited (“LMEL”), incorporated in 1977, is a Maharashtra-based integrated metals and  mining company and India’s one of the largest iron ore miner. It operates the Surjagarh iron ore mine with a 55  MTPA environmental clearance. The company has built a diversified infrastructure including DRI plants, captive  power generation, a slurry pipeline, and a recently commissioned 4 MTPA pellet plant. LMEL is steadily transforming  into a fully integrated steel producer, backed by a large capex through FY 2029. Its expansion roadmap includes  scaling mining, pelletisation, and downstream steel production capacities. The acquisition of Thriveni Earthmovers  Private Limited has further strengthened its mining integration and operational capabilities. With a strong focus on  sustainability, operational efficiency, and community development, LMEL is positioning itself as a future-ready, fully  integrated metals player in India

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As a seasoned professional in the mining industry, Mr. Gupta has spent years leading key projects and driving operational success. His appointment is seen as a strategic move to boost HCL’s mining productivity and support the company’s future growth plans. The entire HCL team has warmly welcomed him to his new role, expressing their full support and best wishes for a successful and impactful tenure ahead.

The post New Leadership at Hindustan Copper: Ghanshyam Das Gupta Takes Charge as Director (Mining) appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.