JSW Steel Secures Key Coking Coal Source with Mozambique’s Minas de Revuboè Project

JSW Steel Limited ( (IN:JSWSTEEL) ) just unveiled an announcement.

JSW Steel has launched the Minas de Revuboè coking coal mining project in Mozambique’s Moatize coal basin, marking a significant expansion of its global raw material footprint and India-Mozambique industrial ties. The project, in Tete Province, holds 850 million tonnes of reserves with an estimated 250 million tonnes of usable coking coal, and will be developed in phases to reach an initial output of 2.4 million tonnes per annum of prime hard coking coal over the next two and a half years.

Located close to Tete city and within rail distance of Beira and Nacala ports, the mine enjoys strong logistical advantages for supplying Indian steel plants, positioning it as one of the most favourably situated coking coal assets for India-bound shipments. By securing long-term access to high-grade coking coal, JSW Steel aims to reduce exposure to price volatility, optimise its cost structure, and lower carbon intensity in steelmaking, while Mozambique’s government views the project as a flagship investment that can showcase the country’s ease of doing business and build a world-class mining asset.

More about JSW Steel Limited

JSW Steel Limited is a major Indian steel producer and part of the JSW Group, operating in the steel manufacturing industry with a focus on integrated operations and raw material security. The company relies heavily on coking coal as a critical input and has been pursuing backward integration and overseas sourcing to secure premium hard coking coal supplies, support cost competitiveness, and advance its decarbonisation goals.

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