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A2, 2nd Floor, Madhu Estate, Pandurang Budhkar Marg, Lower Parel, Mumbai- 400013, Maharashtra.
A2, 2nd Floor, Madhu Estate, Pandurang Budhkar Marg, Lower Parel, Mumbai- 400013, Maharashtra.
Targeted production scale-up
Annual copper cathode production capacity
Katanga mining footprint
Strategic ownership in Nexus Holdco
Drawing from our proven blueprint in India, Lloyds is replicating its success in the DRC by intertwining large-scale mineral production with deep-rooted community development. At the heart of its African operations—spanning the Surya Mines and the Chemaf Group—is a commitment to the “Social License to Operate,” where local acceptance is earned through transparency and tangible socio-economic impact. By implementing sustainable mining practices and ESG frameworks we are focusing on local employment, healthcare infrastructure, and ethical operations. This strategy ensures that as the company scales to meet the global demand for copper and cobalt, it does so not just as an extractor, but as a long-term partner in the DRC’s industrial and social evolution.
In March 2026, LMEL further solidified its DRC footprint through the acquisition of the Chemaf Group via Virtus Lloyds Minerals Holding (VLMH).
Etoile Production
Etoile Output
Mutoshi Expansion
Resource Portfolio
Successfully commissioned in March 2026, this asset marks LMEL’s formal entry into copper production.
Structure: Operated through our wholly-owned subsidiary, Lloyds Global Resources FZCO (LGRF), which holds a 50% equity stake in Nexus Holdco FZCO.
Asset Focus: Nexus Holdco controls Surya Mines SARL and holds approximately 16 mining licenses covering over 100 sq. km in the prolific Katanga Copper Belt.
Facility: A state-of-the-art SX-EW (Solvent Extraction and Electrowinning) processing plant.
Production Capacity: Current: 12,000 Tonnes Per Annum (TPA) of high-purity Copper Cathodes. Mid-term Target: Scaling to 30,000 TPA through captive ore supply and facility debottlenecking
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