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JSW to acquire 67% in Australian mining company
The Morning Standard
|August 13, 2024
JSW Steel on Monday announced the acquisition of up to 66.67% in the Australian mining company - M Res NSW -through its wholly-owned subsidiary JSW Steel (Netherlands) B.V
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This effort is seen as the steel major's effort to secure raw material availability required to support its ambitious expansion plans. "...we inform you that the Board of Directors of JSW Steel at its meeting held on August 12, 2024, has approved acquisition of an economic interest of up to 66.67% in M Res NSW HCC Pty Ltd ("M Res NSW") by way of subscription to non-voting Class B shares,
This story is from the August 13, 2024 edition of The Morning Standard.
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