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Article: BRIEFING - ASIA ENERGY - SEPT 24, 2008.

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AsiaPulse News
Article date:
September 24, 2008
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An executive briefing on energy for Sept 24, 2008, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

TATA STEEL BUYS 7% STAKE IN AUSTRALIA'S RIVERSDALE MINING

MELBOURNE - India's largest private sector steel producer Tata Steel (BSE:500470) has bought 7.29 per cent additional stake in Australia-based Riversdale Mining (ASX:RIV) for a sum of US$120.7 million, through its Singapore subsidiary.

Tata Steel's Singapore-based subsidiary TS Global Minerals Holdings purchased 13,705,000 shares, representing 7.29 per cent stake in the Australian firm ...

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