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Mittal says to up Liberia investment to $1.5 billion Arcelor Mittal, the world's largest steelmaker, said on Wednesday it will up investment in an iron ore project in Liberia by $500 million to $1.5 billion in a vote of confidence in President Ellen Johnson-Sirleaf's government. 12 Dec 2007
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India woos China for infrastructure funds; China wary of risk India hopes China will boost investment in the south Asian nation's underfunded infrastructure sector, but Chinese firms are wary about opening their wallets for Asia's third-largest economy due to worries about returns. 11 Dec 2007
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India M&A push undeterred by credit woes Armed with strong balance sheets, willing local lenders and unrelenting ambition, Indian companies are well positioned to navigate the credit crunch and maintain their global buying spree, but must be flexible on financing. 07 Dec 2007
Tata Steel seeks more Australian ventures India's Tata Steel Ltd can no longer supply enough of its own raw materials as its steel making capabilities soar, and it will seek more joint ventures with Australian mining companies to make up the gap. 30 Nov 2007
Rio rebuffs BHP, outlines growth plans Rio Tinto will spend $2.4 billion on new mines, raise its dividend and generate billions of dollars from asset sales as it seeks to fend off a $120 billion takeover proposal from larger rival BHP Billiton Ltd. 29 Nov 2007
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Mitsui to double stake to 20 percent in Indian Steel Mitsui & Co, Japan's No. 2 trading house, has reached a deal to double its holding to 20 percent in Indian Steel Corp, which is expanding its capacity for cold rolled steel and galvanized products. 28 Nov 2007