JSW Steel expands into Mozambique coking coal mining. India's leading steelmaker will develop the Minas de Revubo mine in Mozambique's Tete Province, securing critical raw materials for future growth. The project holds 850 million tonnes of reserves with potential to yield 250 million tonnes of usable coking coal. Phase one will be completed within 2.5 years, targeting 2.4 million tonnes annually of prime hard coking coal production. This backward integration strategy addresses India's limited domestic coking coal resources and protects JSW Steel from volatile global price swings. As the company scales to 50 million tonnes of steel capacity by 2030, this overseas asset ensures long-term supply stability and supports sustainable expansion while reducing dependence on international coking coal markets.
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