LS Cable & System, Hammerer Aluminium Industries to set up joint aluminum manufacturer

South Korea's LS Cable & System Ltd. (LS Cable & System) announced a plan to establish a joint aluminum manufacturing company with Austria-based Hammerer Aluminium Industries GmbH (HAI). The two parties will invest KRW 67.5 billion (JPY 6.8 billion) in the project and aim to launch production in 2025 of high-strength....

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