TOI: Tata Steel to buy mine in Australia

Tata Steel is looking into acquiring an iron ore mine in Western Australia, according to a Times of India report, which quoted an Australian official

“Tata Steel has expressed interest to invest in Western Australia’s iron ore sector,” Eric Ripper, deputy premier, treasurer, minister of state development, government of Western Australia, told the TOI.

Tata Steel has not yet confirmed the news, however, an unnamed company official told the TOI: “That it was only logical for the company to look for iron ore mines in Western Australia since this region has huge reserves.”