Brief: Zhejiang Huayou Cobalt's Unit, Posco Chemical To Boost Two JV's Capital For Output Expansion

Posco Future M

19/01/2022 10:37

Jan 19 (Reuters) - Zhejiang Huayou Cobalt Co Ltd
 603799.SS :
    * SAYS UNIT AND POSCO CHEMICAL CO LTD  003670.KS  BOTH AGREE
TO
BOOST JV'S CAPITAL BY 867.2 MILLION YUAN  ($136.64 million),
578.1 MILLION YUAN RESPECTIVELY
    * SAYS UNIT AND POSCO CHEMICAL AGREE TO BOOST NEW MATERIAL
JV'S
CAPITAL BY 655.1 MILLION YUAN, 982.6 MILLION YUAN RESPECTIVELY

Source text http://static.sse.com.cn/disclosure/listedinfo/announcement/c/new/2022-01-20/603799_20220120_8_Cq12dOAB.pdf
Further company coverage:  603799.SS 

($1 = 6.3466 Chinese yuan renminbi)

 (Reporting by Hong Kong newsroom)
 ((meg.shen@thomsonreuters.com; 852-39525805;))