India’s JSW Steel secures coking coal mining project in Mozambique: statement

JSW Steel, India’s largest steelmaker by capacity, has secured a coking coal mining project in Mozambique, the company said in a statement late Friday, to ensure long-term supply of the key input for steel production.

The Mozambique project has 850 million metric tons of coking coal reserves and the mine will be developed in phases, as per the company statement.

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“The first phase expected to be developed over the next two and a half years to produce 2.4 million tons per annum prime hard coking coal,” the company said.