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003670 — Posco Future M News Story

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POSCO Future M to invest $278 million in graphite company

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SEOUL, April 22 (Reuters) - POSCO Future M 003670.KS said in a regulatory filing on Tuesday that it would invest 396.1 billion won  ($278.04 million) in a new graphite company that will be established this year.

($1 = 1,424.6100 won)

 (Reporting by Hyunsu Yim
Editing by Ed Davies)

 ((Hyunsu.Yim@thomsonreuters.com;))

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