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The amount of Russian aluminium stored in London Metal Exchange warehouses more than doubled over the course of December. By the end of the month Russian-brand metal accounted for 90%... -January 15, 2024 at 08:54 am EST - MarketScreener
By Kwanwoo Jun Posco Holdings' shares climbed after the steelmaker unveiled a joint venture project to produce rare gases for making semiconductors in South Korea. Posco rose as much as...
Posco Holdings said Wednesday it has joined forces with a Chinese cryogenic equipment and engineering firm to produce rare gases essential for chip fabrication in South Korea, securing a domestic supply chain. Rare gases, or noble gases, are a group of chemically inert gases that include krypton, neon and xenon. While found in extremely small amounts in the atmosphere, these gases are widely used in the production of...
POSCO Holdings will build a production facility for rare gases used in manufacturing chips, displays and other cutting-edge tech products, in a move to localize production, the Korean steelmaker said Wednesday.
Korean industrial giant POSCO Holdings has formed a JV with China's Zhongtai Cryogenic Technology to boost production of rare gases for local chip companies.