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Tata Steel Limited
BOM:500470 ISIN:INE081A01012
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News
Asian Activities Report for August 15, 2011 includes: Dyesol Limited (ASX:DYE) achieved final milestones at the dye solar cells on steel project; U3O8 Limited (ASX:UTO) today announced further sampling results from the Saltwater Pool joint venture project in Western Australia; Legacy Iron Ore Limited (ASX:LCY) will commence a second phase of 6,000m RC drilling next week at the Mt Bevan Iron Ore project in Western Australia; Alkane Resources Limited (ASX:ALK) has signed a Memorandum of Understanding ("MOU") to form a joint venture to market zirconium products.
Asian Activities Report for July 4, 2011 includes: Northern Iron Limited (ASX:NFE) has signed a five-year contract with Tata Steel (BOM:500470) for the supply of iron ore concentrate; Raisama Limited (ASX:RAI) and Monitor Energy Limited (ASX:MHL) have doubled the extent of the known mineralisation at Kashkasu II in the Kyrgyz Republic; Enterprise Metals Limited (ASX:ENT) has identified significant uranium anomalism on the margin of Lake Wooleen; Zenith Minerals Limited (ASX:ZNC) has located two new zones of high grade manganese at its 100% owned Earaheedy Project tenements.
Asian Activities Report for March 30, 2011 includes: DYESOL Limited (ASX:DYE) and Tata Steel (BOM:500470) will expand their joint photovoltaics development project in Britain; UGL Limited (ASX:UGL) has signed a property services agreement in the Kingdom of Saudi Arabia; Magma Metals Limited (ASX:MMW) updated on drilling operations at its Thunder Bay North platinum-palladium-copper-nickel project in Canada; Icon Energy Limited (ASX:ICN) signed a liquefied natural gas sales agreement in China.
The Latin American Iron and Steel Institute (ILAFA) are proud to present the Latin American Iron and Steel Congress 2010, from the 24th-26th of October. The Congress will be held at the Hilton Hotel Buenos Aires between 9am and 4pm, with city tours and location visits to see and a beautiful luncheon at the Coleccion Restaurant which specialises in Mediterranean cuisine. After the event people can enjoy the city of Buenos Aires and its hot tourist spots such as the Buenos Aires City Tour, Fortabat Museum and Colon Theatre and a visit to the PROA Foundation.
Australian shares today extended Friday's fall, dropping massively this morning. The Asian markets were broadly lower on Monday after the Dow Jones on Friday slumped 3.2 per cent due to the refresh fears on Europe debt. The Hungarian prime minister's spokesman said the country's economy was at risk of entering a Greek-style debt crisis. The benchmark S&P/ASX 200 index plunged more than 3 per cent in early trade.
Asian markets ended higher Tuesday. Trading remained thin while markets including China, Hong Kong, Taiwan and Singapore were closed. Japan's Nikkei advanced 0.2 per cent and South Korea's Kospi rose 0.5 per cent, driven by good leads in financial and resources sector. Commodities prices were higher as risk appetite returned. Hong Kong and Singapore bourses resume trading on Wednesday.
Most Asian stock markets rebounded Thursday after the U.S. Federal Reserve's pledge to keep interest rates near zero for "an extended period". But analysts expect this would be a temporary rebound. Yesterday, Japan's Nikkei rose 1.6 per cent, boosted by the upbeat earnings reports. Hong Kong's Hang Seng Index added 1.6%, South Korea's Kospi climbed 1.0 per cent and Taiwan's Taiex climbed 1.8 per cent.
All the key markets in Asia were hurt by the debt problem of Dubai today. Japan's key Nikkei stock index opened nearly 2 percent lower Friday while Hong Kong's Hang Seng Index declined about 3 per cent at opening with banks which are exposed to overseas assets tumbled massively.
Yesterday the Australia share market surged more than 4% after the US government announced the $US700 billion ($840 billion) Wall Street bailout over the weekend, and the ban on short selling locally. Short-selling targets Macquarie Group(ASX:MQG) and Babcock and Brown(ASX:BNB) bounced strongly as market participants sought to unwind short positions and bought up stock.
Riversdale Mining Limited (ASX: RIV)(PINK:RFLMF) is pleased to announce the expansion of Coal Resources in one of its Exploration Licences, the Benga licence, near Tete in Mozambique. This licence is held in joint venture with Tata Steel Ltd of India. This announcement follows several months of exploration and drilling by Riversdale since the last release in November 2007. The Benga licence covers an area of 4,560 hectares and represents less than 2% of the Company's total tenement areas which comprise 23 licences in Mozambique with an area exceeding 290,000 hectares.
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