--- title: "JSW Steel Secures Coal Mine Development Rights in Mozambique" type: "News" locale: "en" url: "https://longbridge.com/en/news/279113884.md" description: "JSW Steel, India's largest steel producer, has secured rights to develop a coal mine in Mozambique's Tete province. This acquisition provides access to a vital raw material for steel production, enhancing the company's resource base and manufacturing operations. Tete province is recognized for its rich coal deposits, making it a strategic site for JSW Steel's expansion and aligning with its strategy to secure key resources and improve production capabilities." datetime: "2026-03-14T07:22:59.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279113884.md) - [en](https://longbridge.com/en/news/279113884.md) - [zh-HK](https://longbridge.com/zh-HK/news/279113884.md) --- # JSW Steel Secures Coal Mine Development Rights in Mozambique JSW Steel, India's largest steel producer by capacity, has obtained the rights to develop a coal mine in Mozambique's Tete province. Bloomberg posted on X that this acquisition grants JSW Steel access to an essential raw material for steel production. The move is expected to bolster the company's resource base and support its manufacturing operations. Mozambique's Tete province is known for its rich coal deposits, making it a strategic location for JSW Steel's expansion efforts. This development aligns with the company's strategy to secure key resources and enhance its production capabilities. ### Related Stocks - [STCN.US](https://longbridge.com/en/quote/STCN.US.md) - [WS.US](https://longbridge.com/en/quote/WS.US.md) ## Related News & Research - [Is Wall Street Bullish or Bearish on Steel Dynamics Stock?](https://longbridge.com/en/news/287096852.md) - [Here's How Much $100 Invested In Steel Dynamics 5 Years Ago Would Be Worth Today](https://longbridge.com/en/news/287126888.md) - [China tightens steel rules as copper hits record high](https://longbridge.com/en/news/286845976.md) - [Key facts: Tata Steel strong Q4; Netherlands unit EBITDA-positive](https://longbridge.com/en/news/286842740.md) - [China tightens steel capacity rules as Thyssenkrupp exits US plant](https://longbridge.com/en/news/286786661.md)