JSW Steel is close to acquiring two coal mines in the American state of West Virginia, according to the Indian website, DNA.
The company has been looking to acquire coal assets across the globe. It has been importing coking coal from Australia and aims to secure 50% of its coal supplies through captive sources.
On completion of its current expansion plans JSW Steel is expected to hit production of 10 million tonnes and the increase in production will require an additional 5 million tonnes of coking coal.
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