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Riversdale Mining

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Tata Steel ups Riversdale stake

Tata Steel has increased its stake in Riversdale Mining, Australia, by close to two per cent. The move gives a clear sense that the company has no intention to exit Riversdale anytime soon, putting......

Tata Steel exits Riversdale, sells 26% for $1.11bn

Tata Steel has decided to sell off its 26.27 per cent stake in Riversdale, Australia, to Rio Tinto for Australian $1.06 billion ($1.11 billion).The move follows Rio Tinto Jersey Holdings 2010 Ltd's......

Tata abstains from backing Rio offer

Tata Steel and a consortium of five public sector unitsare buying time, even as the world's third-largest mining company, Rio Tinto,offered $3.9 billion on Thursday for Australia's Riversdale......

Rio to de-list Riversdale from Australian bourse

Global mining major Rio Tinto on Wednesday said it will de-list Riversdale, in which Tata Steel holds more than 26 per cent stake, from Australian Stock Exchange (ASX), after the completion process......

Tata Steel joins 'coal rush' in Mozambique

Tata Steel has bought a stake in a coking coal mining project in Mozambique as part of an emerging overseas "coal rush" by India's steel and power companies keen to secure scarce raw materials.......

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