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Wollongong Coal Limited (ASX Code: WLC) owns and operates Russell Vale Colliery and Wongawilli Colliery in the Southern Coalfields Region of New South Wales.
Jindal Steel and Power Limited (JSPL) have recently acquired a majority controlling stake and management control of Wollongong Coal. JSPL is publicly listed on Indian Stock Exchange is an international Steel and Power company with operating steel capacity of about 7 MTPA and power generation capacity of about 2500MW. The majority of Wollongong Coal’s production is sold to JSPL.