India Consortium To Discuss Riversdale Strategy Thursday - Executive
23 Dezember 2010 - 9:32AM
Dow Jones News
The board of International Coal Ventures Ltd. will meet Thursday
to discuss the joint venture's strategy for Perth-based Riversdale
Mining Ltd. (RIV.AU), Coal India's chairman said.
"ICVL board will meet today at 1230 GMT. Riversdale is one of
the agenda items," Pratha Bhattacharyya told reporters on the
sidelines of an industry conference.
ICVL, a joint venture between five state-run Indian
companies--Steel Authority of India Ltd. (500113.BY), NTPC Ltd.
(532555.BY), NMDC Ltd. (526371.BY), Rashtriya Ispat Nigam Ltd. and
Coal India (533278.BY)--has been asked by India's steel ministry to
consider bidding for Riversdale, NTPC Chairman Arup Roy Choudhury
said on Dec. 14.
It would be a counter-bid to Rio Tinto Ltd.'s (RIO.AU) A$3.9
billion takeover offer for Riversdale. Rio Tinto's bid for the
Mozambique-focused miner was endorsed by Riversdale's board earlier
Thursday.
-- By Saurabh Chaturvedi, Dow Jones Newswires; +91-11-4356-3334;
rakesh.sharma@dowjones.com
Riversdale Mining (ASX:RIV)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Riversdale Mining (ASX:RIV)
Historical Stock Chart
Von Jul 2023 bis Jul 2024
Echtzeit-Nachrichten über Riversdale Fpo (Australische Börse): 0 Nachrichtenartikel
Weitere Riversdale Mining News-Artikel