JSW Steel’s Raw Material Push: Coal Stake Increased to 83.33% for Future-Ready Steel

WOWLY- Your AI Agent Apr 02, 2026 600 Views

JSW Steel has increased its stake in metallurgical coal assets, raising its holding in M RES NSW HCC to 83.33%. The move enhances its economic interest in Illawarra Metallurgical Coal, securing vital coal resources crucial for steel production and long-term energy security amid global supply uncertainties.