JSW Steel Acquires Majority Stake in Mozambique Mining Firm: JSW Steel is set to acquire a 92.2% stake in a Mozambique-based mining company for $73.8 million. This acquisition grants JSW Steel access to over 800 metric tonnes of premium hard coking coal reserves.

Ref: www.bbc.com ; www.tripurastarnews.com; https://www.tripurastarnews.com/; https://www.business-standard.com/; https://economictimes.indiatimes.com/; https://timesofindia.indiatimes.com/

Ref: business-standard.com; www.tribuneindia.com; pibdotgovdotin; miningweeklydotcom Picture credit- https://cisp.cachefly.net Read last news- https://minestronix.com/weekly-mining-news-24thapril-24/

Weekly Mining News: 21-04-2024 Ref: economic times, thewiredotin, miningdotcom, the print etc Picture credit: https://www.rcrwirelessdotcom/

1. Is asteroid/space mining the future? Asteroid mining company AstroForge is putting big money behind space minerals, but being an early adopter can be challenging. Can asteroid mining be profitable? …

Ref: timesofindia, mining.com, pgurus, thehindu, the print, ft.com, theguardian etc Picture credit: downtoearth.org.in- https://www.downtoearth.org.in/news/mining/controversial-deep-sea-mining-negotiations-showed-progress-but-many-disagreements-among-member-states-remain-95338 See the last week’s news- https://minestronix.com/weekly-mining-news-last-week-march/

Govt cancels auction of 13 of 20 critical mineral blocks over poor response. Tamil Nadu: TAMIN, IREL gear up to set up mineral separation plants in Theri forest

Ref: timeofindia, firstpost, Bloomberg, mining.com, etc. Picture credit: https://www.aljazeera.com/ read the last weekly news: weekly mining news 17-03-24.

5. Seven killed in China Coal mine warehouse accident 6. Iron ore price falls as Chinese steel mills cut output persistent property crisis 7. China is planning to break its …