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Lloyds Metals and Energy entered an MoU with Thriveni Earthmovers to form a joint venture for iron ore mining at Surjagarh, Maharashtra, targeting 1 million tonnes within 12 months and 3 million tonnes in three years.
“Lloyds Metals and Energy has entered into a memorandum of understanding (MoU) with Thriveni Earthmovers (TEPL) to incorporate a new joint venture (JV) company in the state of Maharashtra for carry mining operations.”projectstoday.com
Summarized from public sources; check the original articles before acting on it.