India's JSW Steel to mine coking coal in Mozambique

JSW Steel Ltd., India's leading steelmaker and a subsidiary of the Mumbai-based JSW Group, is actioning a coking coal mining project in Mozambique, aiming to diversify its raw material supplies against fluctuations in the global coking coal market, according to a company announcement on March 13.

The Minas de Revuboè mine that JSW is targeting is located in the Moatize coal basin in Tete Province in northwestern Mozambique and reputedly holds reserves of around 850 million tonnes of metallurgical coal, including 250 million tonnes of high-grade coking coal, the company declared. "JSW Steel will develop the