Riversdale says suspends talks with Wuhan during Rio bid

SYDNEY Jan 24 （Reuters） - Talks between Riversdale Mining and China's Wuhan Iron & Steel Corp over acquiring a state in the Zambeze coal project in Mozambique have been suspended while a takeover bid by Rio Tinto remains on the table, Riversdale said on Monday.

Riversdale is recommending its shareholders accept Rio Tinto's offer, saying it was unaware of any higher offers in the works.