Announcement
04 Apr 2011
On 5 March 2011, the Export-Import Bank of Korea (Korea Eximbank) announced providing funds for POSCO's acquisition of a Brazilian niobium mining company.
Source
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
Implementation date
25 Mar 2011
Revocation date:
No revocation date
The Korean Eximbank's financial support to the Korean company POSCO to acquire 2.5% stake in the Brazilian niobium mining company CBMM has a total value of USD 325 million.
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