steel giant buys into coal miner

not saying that this article relates to riversdale. i do know they have interest in coal and they were rumored to be looking at RIV in the press before. Lets just hope its only a matter of time.

DJ India Tata Steel Plans Australian Coal Mine Buy -Report

KOLKATA (Dow Jones)--India's Tata Steel Ltd. (500470.BY) has finalized a plan to
acquire a coal mine in Australia to secure its supply of raw materials, the Economic
Times reported, citing Chairman Rata Tata.
The report didn't disclose an estimated acquisition cost or timeframe for the
purchase.
Following the acquisition of Anglo-Dutch steel maker Corus Group Plc (CGA), Tata Steel
is seeking to partner or acquire iron ore and coal mines around the world to secure raw
material links to its plants, the report added.

Newspaper Web site: http://www.economictimes.com

-By Kolkata Bureau, Dow Jones Newswires; 91-9831241778; [email protected]
-Edited by Rosalyn Lim

(END) Dow Jones Newswires
March 04, 2007 20:54 ET (01:54 GMT)
Copyright (c) 2007 Dow Jones & Company, Inc.