The JSW Group is the largest producer of high quality hard coking coal in the European Union and one of the leading producers of coke used for smelting steel. Production and sale of coking coal and production and sale of coke and hydrocarbons constitute JSW Group’s core business.
Coking coal, also known as metallurgical coal, has been identified as one of the 30 critical raw materials for the European Union, signifying strategic economic importance and entailing a high supply risk for European industry. Coking coal is an essential ingredient in steel production - a key component for the development of an innovative economy and modern infrastructure. One should know that presently, there are no alternative and economically-viable technologies for smelting steel without using coking coal.
The coking coal extracted in JSW mines is used in Central Europe by local steel mills owned by international steel producers. The high-quality coke produced by the JSW Group is also sold on the global market. The main customers of the JSW Group’s products are from Poland, Germany, Austria, the Czech Republic, Slovakia, Italy and India.
Jastrzębska Spółka Węglowa S.A. was established on 1 April 1993 as one of seven coal companies established at the time. It was made up of seven independently operating mining enterprises which were transformed into a wholly-owned State Treasury company. JSW’s shares were listed on the Warsaw Stock Exchange for the first time on 6 July 2011.