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Korea

South Korea’s FINO approves KRW 15 billion capital increase through third-party allotment to Cosmo Advanced Materials & Technology

South Korea’s FINO announced on August 28 that it had approved a capital increase of approximately KRW 15 billion through a third-party allotment to cathode active material manufacturer Cosmo Advanced Materials & Technology. Payment is scheduled for September 7. The company will use the proceeds to expand its battery....

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