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Tata Steel to use Riversdale cash to fund India capacity expansion

Quote.com Hong Kong | June 28, 2011 | 1:57 am Asia Europe Iron Ore 

Tata Steel Ltd will use the $1.12 billion ('5,030 crore) it earned from the sale of its 26.3% stake in Australia's Riversdale Mining Ltd to fund the expansion of its steel-making capacity in Jamshedpur and Kalinganagar, as well as mining...

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