10
Oct
10:40
Posco gains back investment in Roy Hill
South Korean steelmaker Posco stated on its official website that it took 13 years and 9 months to recover the entire investment cost of its stake in the Roy Hill mine in Australia.
Kallanish learns from the steelmaker that Posco Holdings received a monthly dividend return of KRW 85 billion ($63.1 million) in the third quarter of this fiscal year from its 12.5% stake. Including the cumulative dividends of KRW 1.13 trillion to date and its discounts on the purchase…
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Anonymous
Very good overview of the weekly steel market.
Anonymous