tata steel: no decision on riversdale mining

*DJ Tata Steel: No Decision On Riversdale Mining Yet

(MORE TO FOLLOW) Dow Jones Newswires
February 23, 2011 09:01 ET (14:01 GMT)
*DJ Tata Steel: Reserves Right To Make Decision On Riversdale During Offer Period

(MORE TO FOLLOW) Dow Jones Newswires
February 23, 2011 09:02 ET (14:02 GMT)
DJ Tata Steel: No Decision On Riversdale Mining Yet

MUMBAI (Dow Jones)--Tata Steel Ltd. (500470.BY), the world's seventh-largest
steelmaker by capacity, Wednesday said it hasn't made a decision on its Riversdale
Mining Ltd. (RIV.AU) stake yet.
Tata Steel, part of the salt to software Tata Group, owns a 24% stake in
Australia's Riversdale, which has 13 billion metric tons of coking and thermal coal
reserves at its Benga and Zambeze projects in the southern African country of Mozambique.

Riversdale is also the target of an intense bidding war between Anglo-Australian mining
giant Rio Tinto PLC (RIO, RIO.LN) and Brazilian steelmaker Cia. Siderurgica Nacional
(SID, CSNA3.BR).