JSW Steel Limited — Updates, 17-09-2025: General Updates

JSW Steel acquired an additional stake in M Res NSW for US$60 million, boosting its economic interest to 83.33%. This increases its effective stake in Illawarra Metallurgical Coal to 30%, securing greater coking coal offtake. The move strengthens raw material access, with a future commitment increase to US$75 million in 2030.