Articles by Tata Steel

  • Tata Steel at the Economic Crossroads

    August 01 2012 9:24 AM

    Tata Steel in Europe, which is the second largest steel producer in the continent, utters that there is a growing desperate need for a growth strategy in the U.K. so to overcome the problems in the industry. Dr Karl Kohler, chief executive of Tata Steel in Europe, admitted that he had experienced the toughest time in his 30 years and at the same time he called for the UK to remove the obstacles to economic growth.

  • Rio Tinto to Invest $2 Billion in India Iron Ore Project

    March 06 2012 1:23 PM

    Rio Tinto (ASX: RIO) will make the largest investment by an Australian company in India through a $2 billion investment at the Orissa iron ore project in India. The project will supply iron ore to India and overseas with the steel making material.

  • Brazil's CSN sells to Rio Tinto

    April 22 2011 5:31 AM

    Brazilian steel maker Cia Siderurgica Nacional SA (CSN) has accepted Rio Tinto Ltd's $3.9-billion takeover offer for the Africa-focused coal miner Riversdale Mining Ltd.

  • Rio Tinto strenghten's hold on Riversdale

    April 07 2011 1:11 PM

    Australia's Rio Tinto Mining Ltd has strengthened its bid obtaining 49.49 percent of all the shares of Riversdale Mining Limited (Riversdale), the company announced late Wednesday.

  • Rio Tinto's cut-off for Riversdale bid closes late today

    March 28 2011 3:52 PM

    Anglo-Australian miner Rio Tinto (ASX: RIO) falls short of 50 percent votes it needs later today in order to acquire Riversdale Mining, a coal producer focus on South Africa.

  • Rio Tinto extends takeover proposal on Riversdale as possible rival emerges

    February 10 2011 6:40 PM

    Global mining giant Rio Tinto Ltd has decided to extend its $3.9 billion takeover bid for Africa-focused collier Riversdale Mining Ltd following the latest move by the target’s shareholder of upping its stake on the coal miner.

  • Riversdale board gives go signal on Rio Tinto’s $3 billion takeover bid

    January 24 2011 2:13 PM

    Global mining giant Rio Tinto Ltd gets further push on its aim to corner a sizeable chunk of Africa’s coal resources as the resource firm’s $3.9 billion takeover proposal won the stamp of approval from Riversdale Mining Ltd’s board of directors.

  • Tata Steel open to work with Rio Tinto or any firm set to acquire Riversdale

    December 29 2010 4:41 PM

    Indian firm Tata Steel is ready to work with any firm poised to acquire coal miner Riversdale Mining Ltd, where the giant South Asian steel company holds a 24 percent interest.

  • Rio Tinto faces spectre of rival bids from Brazil and India for its Riversdale acquisition proposal

    December 27 2010 5:04 PM

    India’s burgeoning economy exposed the inability of its local economy to adequately fuel its accelerating expansion and some Indian firms are devising ways to meet the needs of the country’s power-hungry industrial activities.

  • Rio Tinto offers to buy Riversdale for $3.78 billion

    December 21 2010 7:32 PM

    Global mining giant Rio Tinto Ltd formally dangled an acquisition offer to Riversdale Mining Ltd that news reports said could reach a high of $3.78 billion.

  • Reports: Rio Tinto, Vale eye Riversdale’s African mining assets

    December 06 2010 5:08 PM

    Reports published by a British newspaper over the weekend have suggested that mining giant Rio Tinto Ltd is eyeing Sydney-based Riversdale Mining Ltd for a billion-dollar acquisition deal.