ATR 0.69% 72.0¢ astron corporation limited

Just found this version on Google Finance.SEOUL, Feb 11, 2010...

  1. 37 Posts.
    Just found this version on Google Finance.

    SEOUL, Feb 11, 2010 (Asia In Focus via COMTEX) --
    POSCO (KSE:005490), South Korea's leading steelmaker, said Thursday that it has joined hands with ASTRON LTD. (ASX:ATR), an Australia-based company, to produce and sell fuel rods for nuclear power stations. The two companies signed on Monday the deal to set up a joint venture for the project, POSCO said.

    * POSCO plans to build a plant to produce the fuel rods by next year and provide them both at home and abroad.

    * Market watchers said that the steelmaker will be able to offer the fuel rods to four nuclear power stations to be built in the United Arab Emirates by a South Korean consortium by 2020.

    Regards,
    Metall.
 
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