Lloyds Metals' 10.5% Bid Secures Tandsi-III Coal Mine

Lloyds Metals & Energy has been declared the successful bidder for the Tandsi-III and Tandsi-III Extension coking coal mine, offering a premium of 10.5 percent.

Situated on the Madhya Pradesh–Maharashtra border, approximately 400 km from Ghugus, the mine covers nearly 338 hectares and contains estimated coking coal reserves of 23 million tonnes—an essential raw material for steel manufacturing. The project will employ a combination of opencast and underground mining techniques to maximize operational efficiency and promote sustainable resource extraction.

The mine’s production capacity is planned at up to 0.30 million tonnes per annum, with a development period spanning four years, ensuring a reliable supply of coking coal to support Lloyds Metals & Energy’s operations. The company is set to finalize agreements with regulatory authorities and initiate development activities in the near term.

News by Rahul Yelligetti.