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LLOYDSME — Lloyds Metals And Energy News Story

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Basic MaterialsAdventurousLarge CapMomentum Trap

India's Lloyds Metals and Energy rises on winning bid for coking coal mine

** Lloyds Metals and Energy LYMT.NS rises as much as 3.5% 1,446.2 rupees

** Iron ore miner wins bid for Tandsi-III, Tandsi-III extension coking coal mine near Madhya Pradesh–Maharashtra border

** Says mine spans around 338 hectares, holds estimated total reserves of 23 mln metric tonnes

** More than 471,000 shares traded vs 30-day moving avg of 306,578

** LYMT last up ~1%, taking YTD gains to 13.4%

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))

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