JSW Steel Starts Minas de Revuboè Coking Coal Project
Analysis based on 17 articles · First reported Mar 13, 2026 · Last updated Mar 14, 2026
The initiation of the JSW Steel===Minas de Revuboè project by JSW Steel is expected to positively impact the steel market by ensuring a stable and cost-effective supply of coking coal, a critical raw material. This move will likely reduce JSW Steel's exposure to volatile global coking coal prices and support its expansion plans, potentially leading to increased steel production in India.
JSW Steel has commenced work on its JSW Steel===Minas de Revuboè (MdR) coking coal mining project in Mozambique's Moatize coal basin. This project, with 850 million tonnes of reserves, is a crucial step in JSW Steel's backward integration strategy, aiming to secure long-term supply of premium hard coking coal for its Indian steel plants. The first phase targets 2.4 million tonnes per annum production over 2.5 years. This initiative is expected to mitigate exposure to coking coal price volatility, optimize cost structures, and support JSW Steel's goal of reaching 50 MTPA steel capacity in India by 2030. The project also holds significance for Mozambique, with President Daniel Chapo expressing anticipation for a world-class mining asset. Parth Jindal highlighted the strategic positioning of the mine for cost optimization and diversified raw material security.
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