Lloyds Metals & Energy Limited has launched commercial production of copper cathodes from its 12,000 tonnes per annum plant in the Democratic Republic of Congo. This marks the company’s strategic entry into the global copper value chain.
The facility, located in the Katanga Copper Belt, has successfully produced its first copper cathodes, confirming its operational readiness. Lloyds Metals holds a 50% interest in the copper mining and processing platform, which includes 16 mining licences and high-grade oxide copper ore deposits.
The company anticipates a production ramp-up, with an estimated output of 10,000-12,000 tonnes of copper cathodes in 2026, and around 15,000 tonnes in 2027. The platform has a clear pathway to expand capacity to 30,000 tonnes per annum over the medium term.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).