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May 29,2023

JSW Group is considering buying coking coal mines in offshore markets.

Coking coal is a crucial raw ingredient for the blast furnace method of steel production used by JSW Steel. JSW Group is looking into options for buying coking coal mines in foreign markets. The company is investigating mineral resources in nations like Australia and Mozambique, among others. Captive coking coal mines will assist group company JSW Steel in lowering its cost of steel production.

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