Ecopro Mity Invests 53.3 Billion KRW in Indonesian Subsidiary
KOSPI-listed company Ecopro Mity announced on the 2nd that it will invest approximately 53.3 billion KRW in an Indonesian nickel MHP smelting company (PT. Green Eco Nickel).
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After the investment, the equity stake will be 28%. The company stated that the purpose of this measure is "business diversification through upstream expansion and strengthening cost competitiveness in the precursor business."
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