Tata Steel Global Minerals Holding Pte Limited, an indirect, wholly owned subsidiary of Tata Steel Limited, has acquired additional shares of Riversdale Mining Limited (RML), Australia through market purchases taking its total holding to
19.38%.

Riversdale Mining Limited is a mining company listed on Australian Stock Exchange. The company has acquired coal exploration tenements in Mozambique with the combined tenement size now in excess of 250,000 hectares in the Tete-Moatize area.

Within the Tete province, the Benga Coal project is being developed as a joint venture between Riversdale Mining Limited (65%) and Tata Steel Global Minerals Holdings Pte Limted (35%).