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JSW Steel to Develop Minas de Revubo Coking Coal Mine in Mozambique in Phases​

Project Targets Long-Term Raw Material Security for Steel Operations​

JSW Steel is set to develop the Minas de Revubo coking coal mine in Mozambique in a phased manner as part of its strategy to secure critical raw material supplies for steel production, the company said in a statement.

The Minas de Revubo mine is located in the Moatize coal basin in Mozambique’s Tete Province. The asset holds an estimated 850 million tonnes of reserves, with the potential to yield around 250 million tonnes of usable coking coal.

First Phase Development Planned Over 2.5 Years​

According to the company, the project will be executed in phases. The first phase is expected to be completed over the next 2.5 years, targeting production of 2.4 million tonnes per annum (MTPA) of high-quality coking coal.

The phased development approach will allow the company to gradually scale operations while building a steady supply of one of the most important raw materials used in steel manufacturing.

Strategic Move to Strengthen Backward Integration​

JSW Steel said the project aligns with its backward integration strategy, aimed at securing long-term supplies of key inputs. Coking coal is among the most critical and cost-intensive components in the steelmaking process.

India has limited domestic reserves of premium coking coal, making overseas assets increasingly important for steel producers seeking supply stability.

Supporting JSW Steel’s 50 MTPA Capacity Ambition​

Commenting on the development, Parth Jindal of JSW Group said the mine is expected to strengthen the company’s raw material security as it expands steel production capacity in India.

He said the asset is intended to provide strategic and diversified supply assurance, helping the company manage fluctuations in global coking coal prices.

The project also supports JSW Steel’s goal of reaching 50 million tonnes per annum (MTPA) of steel production capacity in India by 2030, while ensuring sustainable long-term growth through better control over key inputs.
 

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The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

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Editorial Note

This news article was written and created by Karthik, and published on IST.
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