Overview
- JSW says the MdR deposit holds about 850 million tonnes of coal with potential for roughly 250 million tonnes of usable premium hard coking coal.
- Phase one targets about 2.4 million tonnes per year of prime hard coking coal over roughly two-and-a-half years as part of a staged build-out.
- The company says higher-grade captive feed will help cushion global price volatility and support productivity gains and lower emissions intensity.
- The site lies about 10 km north of Tete city and roughly 450 km from Beira and 900 km from Nacala, positioning exports to Indian steel plants.
- The March 13 launch in Moatize included Mozambique’s president and India’s high commissioner, and JSW has not disclosed financing or permitting details; Forbes notes JSW agreed in 2024 to acquire a 92% stake for $74 million.