Home / Business and Economy / Lloyds Metals Expands to Dubai
Lloyds Metals Expands to Dubai
18 Feb
Summary
- Lloyds Global Resources FZCO established Virtus Lloyds Resources.
- Virtus will expand metals and mining investment in Dubai.
- Strategic partnerships are planned with US metals developers.
Lloyds Global Resources FZCO, a subsidiary of Lloyds Metals & Energy, has established a new entity named Virtus Lloyds Resources FZCO. This incorporation took place on February 17, 2026, within the Dubai Multi Commodities Centre Zone (DMCCZ).
Virtus Lloyds Resources will serve as a step-down subsidiary, focusing on expanding the company's investment portfolio in metals and mining. The primary geographical focus for this expansion is the United Arab Emirates, specifically within the DMCCZ. Additionally, the company intends to engage in strategic partnerships with metals and minerals developers originating from the United States of America.
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