BRIEF-Algoma Steel, Hanwha Ocean Ink Strategic MoU With Up To $250 Mln In Funding

Reuters
Jan 27
BRIEF-<a href="https://laohu8.com/S/ASTL">Algoma Steel</a>, Hanwha <a href="https://laohu8.com/S/1B6.SI">Ocean</a> Ink Strategic MoU With Up To $250 Mln In Funding

Jan 26 (Reuters) - Algoma Steel Group Inc ASTL.TO:

  • ALGOMA STEEL GROUP INC - CO AND HANWHA OCEAN SIGN BINDING MOU FOR LONG-TERM STRATEGIC ARRANGEMENT SUPPORTING CANADIAN PATROL SUBMARINE PROJECT

  • ALGOMA STEEL GROUP INC - HANWHA OCEAN TO PROVIDE ALGOMA WITH UP TO USD $250 MILLION

  • ALGOMA STEEL GROUP: CO TO MAKE ANNUAL PAYMENTS TO HANWHA OCEAN FOR 10 YEARS AFTER COMMENCEMENT OF OPERATIONS OF BEAM FACILITY

Source text: ID:nGNX3xqY

Further company coverage: 042660.KS

((Reuters.Briefs@thomsonreuters.com;))

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