Jindal Steel NSE 0.12 % and Power’s (JSPL) Australian mining company Wollongong Coal on Monday restarted operation of its Russell Vale mine which had been shut for more than six years, according to a top executive.
“We would want to do at least 1.2 million tonnes per year in Russell Vale. We have the approval of 3.7 million tonnes extraction, which is valid for up to five years,” said the Jindal Steel and Power executive, requesting anonymity. “We will apply for further extension of extraction may be some time later.”
