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Let g be the derived subalgebra of a Kac-Moody Lie algebra of finite-type or affine-type, let μ be a diagram automorphism of g, and let L(g,μ) be the loop algebra of g associated to μ. In this paper, by using the vertex algebra technique, we provide a general construction of current-type presentations for the universal central extension g[μ] of L(g,μ). The construction contains the classical limit of Drinfeld's new realization for (twisted and untwisted) quantum affine algebras [Soviet Math. Dokl. 36 (1988), pp. 212-216] and the Moody-Rao-Yokonuma presentation for toroidal Lie algebras [Geom. Dedicata 35 (1990), pp. 283-307] as special examples. As an application, when g is of simply-laced-type, we prove that the classical limit of the μ-twisted quantum affinization of the quantum Kac-Moody algebra associated to g introduced in [J. Math. Phys. 59 (2018), 081701] is the universal enveloping algebra of g[μ]. [ABSTRACT FROM AUTHOR]