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0.00% 8.4¢ cobalt blue holdings limited

Ann: Bulk Sample Ore Extraction Completed, page-4

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  1. jojosydney
    9,509 Posts.
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    02/09/22
    10:31
    Post #: 63479917
    ANZ to lend Hyundai-LGEnergy JV $711 mln to make EV batteries​


    Sept 2 (Reuters) - Australia andNew Zealand Banking Group (ANZ.AX) has set up a $711-million lending facility for a joint venture between Hyundai Motor (005380.KS) and LG Energy Solution (373220.KS) that makes batteries for electric vehicles (EV) in Indonesia.​

    ANZ said on Friday the lendingfacility for the joint venture HLI Green Power is a 10-year Korea TradeInsurance Corporation (K-Sure) backed Term Loan Facility.​

    Banks are now starting to Lend money to EV industry​
    COB Price at posting: 78.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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