Oct 26 (Reuters) - Aditya Birla Minerals Ltd ABY.AX :
* ABML directors reject inadequate & highly conditional offer ABY.AX
* Refers to the off-market takeover offer made by Metals X Limited for all ABML shares announced on 15 October 2015
* "ABML shareholders need take no action in relation to the offer."
* Upon completion of the Mt Gordon sale, ABML will receive cash of A$5.0 million
* Strategic review has commenced and interested parties will be approached shortly to take part in the process.
* Hindalco has reiterated its support for the strategic review
* Strategic review (including consideration of capital management initiatives) is currently expected to conclude in the March quarter 2016.
* "Until this time, abml intends to operate its business including the nifty copper operations as usual"
* Source text for Eikon ID:nASX3PP9Qx
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