Indian Steel Titan’s Coal Deal Frozen Amid Mozambique Legal Row
- JSW Steel agreed to buy MdR, which held coal-mining license
- Stonecoal applied for concession after Mozambique revoked it
This article is for subscribers only.
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.
India’s largest steelmaker has been sidelined by a legal dispute that’s derailed its deal to buy a coal concession in Mozambique.