JSW Steel Contemplates Majority Stake in Teck's Coal Unit

22 Aug 2023 CW Team

JSW Steel, a prominent player in the Indian steel industry, is reportedly exploring the possibility of acquiring a majority stake in Teck Resources' coal unit. This potential investment aligns with JSW Steel's strategic diversification efforts and the global dynamics of the coal market.

Teck Resources, a Canadian company, operates in various sectors including coal mining. If the deal materialises JSW Steel could secure a significant position in the global coal market, leveraging the coal unit's assets and expertise.

The move also reflects JSW Steel's forward-looking approach, as the company seeks to secure a steady supply of raw materials critical for its steel production operations. This aligns with the broader trend of steel manufacturers worldwide aiming to ensure resource stability in an ever-evolving market.

Acquiring a majority stake in Teck's coal unit could potentially grant JSW Steel greater control over pricing, supply chains, and production costs. Such a strategic move could enhance the company's competitive advantage in the steel industry and contribute to its growth ambitions.

The potential investment signifies a step towards global expansion for JSW Steel and underscores the company's commitment to securing sustainable resource access. Additionally, it highlights the ongoing dynamics within the mining and steel sectors, driven by considerations of environmental sustainability, demand patterns, and geopolitical factors.

In conclusion, JSW Steel's contemplation of a majority stake in Teck's coal unit reflects its proactive stance in navigating the complex interplay of global resource markets. This strategic move, if realised,could redefine the company's position in the steel industry and reinforce its resilience in a dynamic economic landscape.

Infrastructure Urban

29 Oct 2025

Designing Tomorrow: Amaravati’s Net Zero Landmark

Amaravati has achieved a defining landmark in India’s sustainable infrastructure journey with the inauguration of the APCRDA Project Office, the nation’s first government building to earn the IGBC Net Zero Energy Rating – Design Stage. Conceptualised by the Andhra Pradesh Capital Region Development Authority (APCRDA) and certified by the Indian Green Building Council (IGBC), the project exemplifies how governance, design and innovation can converge to deliver measurable environmental impact.A vision rooted in sustainabilitySet within a 4.3-acre site along the Seed Access Road in the Amar..

Pidilite Elevates Construction with PPS

Pidilite Industries introduced Pidilite Professional Solutions (PPS) — a dedicated vertical for the construction and interiors ecosystem — at ACETECH Bengaluru 2025. Designed to empower architects, developers, contractors, and interior specialists, PPS delivers comprehensive support that extends far beyond products to ensure project excellence from concept to completion. Kavinder Singh, Joint Managing Director, Pidilite Industries, noted, “At Pidilite, we believe in enabling the construction fraternity to build boldly and sustainably. With Pidilite Professional Solutions (PPS),..

Punjab, Centre Fast-Track Rajpura-Mohali Rail Line Development

The central government has fast-tracked the construction of the Rajpura-Mohali rail line to enhance connectivity in Punjab. This ambitious infrastructure project, aimed at improving transportation links between Rajpura and Mohali, has been identified as a key step in fostering regional economic growth. Union Minister for Railways, Ashwini Vaishnaw, announced the project’s acceleration during a recent assessment of the area. The rail line is expected to play a significant role in reducing travel time, promoting industrial growth, and boosting logistics efficiency in the region. The project,..