Brief: Posco Chemical To Invest $123 Mln To Build Cathode Plant in Europe by 2023

Posco Future M

06/11/2020 07:25

Nov 6 (Reuters) - 
    * POSCO CHEMICAL: TO INVEST 276 BILLION WON
    * POSCO CHEMICAL: TO EXPAND CATHODE MANUFACTURING FACILITY
TO
RESPOND TO BATTERY DEMAND
    * POSCO CHEMICAL: INVESTMENT TO BE MADE UNTIL END OF MAY,
2022
    * POSCO CHEMICAL: TO ISSUE NEW SHARES WORTH 1 TRLN WON
    * POSCO CHEMICAL: TO INVEST 145 BILLION WON  ($129.51
million)TO
BUILD CATHODE PLANT IN EUROPE BY 2023
    * POSCO CHEMICAL: TO INVEST 168 BILLION WON TO SECURE
LITHIUM,
GRAPHITE AND OTHER RAW MATERIALS

Source text for Eikon: [https://bit.ly/2JBColH]
 

($1 = 1,119.6100 won)

 ((hyunjoo.jin@thomsonreuters.com;))