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JSW Steel has acquired an additional economic interest in M Resources NSW HCC Pty for $60 million, increasing its stake from 66.67% to 83.33%. The deal includes $24 million for existing shares and $36 million for new shares, boosting effective coal mine interest from 20% to 30% and off-take rights to 30%, securing raw material supply.
short by / 11:45 am on 18 Sep
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