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mhlld

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mhlld

Re: None

Friday, 09/23/2005 10:50:46 PM

Friday, September 23, 2005 10:50:46 PM

Post# of 1286
India Tata Steel Sizing Up Australia Coal Mine Buys -Exec
September 20, 2005 09:02 ET
NEW DELHI (Dow Jones)--Tata Steel Ltd. (500470.BY) is looking to acquire coal mines in Australia to boost its fuel reserves, the company's Managing Director B. Muthuraman said Tuesday.

"We are looking at a couple of mines in Australia," he told reporters, adding that details haven't been finalized.

"We want to secure (better) coal reserves," he said.


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