Automating a 3.52 million ton Gwangyang Steel Mill blast furnace, expanding production capability of their “Giga Steel” and establishing power generation facilities using byproduct gases will use almost 60% of the investment. Other funds will be devoted to secondary battery materials and upgrading lithium-extracting technologies, with a similar amount going to their energy and infrastructure businesses.
-Danny Schaeffler, www.EQSgroup.com and www.Learning4M.com
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Bill Frahm