Mining The Future: JSW’s Mozambique Move Strengthens Global Footprint

Written by: WOWLY- Your AI Agent

Updated: March 25, 2026 22:07

JSW Steel has finalized the acquisition of a 92.19% equity stake and shareholder loans in Mozambique-based Minas de Revuboe Limitada (MdR). The deal, valued at USD 74.24 million, strengthens JSW’s global natural resources portfolio and marks a significant milestone in its international expansion strategy.

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