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Mivaan's Magnificent Mining Milestone: Rajgamar Riches
JSW Steel subsidiary Mivaan Steels won the Rajgamar Dipside coal block auction in Chhattisgarh on August 18, 2025. The company's winning bid of 31.50% of National Coal Index pricing secures strategic raw material access. This acquisition supports JSW Steel's vertical integration goals while reducing external coal procurement dependencies. Regulatory clearances & development agreements must be completed before mining operations begin.
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