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21 Apr
07:50

Posco Future M to issue green bonds for anode materials

South Korean steelmaker Posco's battery component company Posco Future M plans to issue KRW 300 billion ($225.65 million) in green bonds to fund investments related to anode materials, Kallanish learns. Posco Future M decided to use the entire amount raised from the bond issuance to pay for the facilities at its Pohang anode material plant.  In order to support this issuance, South Korea's Ministry of Environment has agreed to offer an annual interes…
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