POSCO'S PLANS IN MONGOLIA

Ulaanbaatar, /MONTSAME/ POSCO, South Korea's leading steelmaker, said Thursday that it will develop cokes and gasify coals in Mongolia.
POSCO said it has signed a preliminary agreement with the Mongolian government for coke production and coal gasification and help develop its steel industry.
The company said its CEO Chung Joon-yang visited Mongolia April 25-27 to discuss the project.
S.Batbayar