“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

Wednesday, December 02, 2009

KS, Posco join hands to build largest steel mill

The Jakarta Post, Jakarta | Wed, 12/02/2009 9:22 PM

PT Krakatau Steel, Indonesia’s largest steel maker, and South Korea’s giant Posco may start in August the construction of an integrated US$6 billion steel mill capable of producing 6 million tons — the country’s largest.

By 2013, when the construction of the mill to be located in Banten’s Cilegon is scheduled for completion, the country would be able to cut steel imports by at least 20 percent, Krakatau Steel president director Fazwar Bujang said on Wednesday.

Fazwar was speaking to reporters following Wednesday’s signing of a Memorandum of Agreement (MoA) with Posco, or Pohang Iron and Steel Corporation, on a joint venture to establish the mill.

“Of the total $6 billion, Posco will fund 70 percent and Krakatau Steel 30 percent. But in the end, we will have 45 percent of the shares, while Posco will have 55 percent,” he said, adding that Krakatau Steel’s share of funding for the investment would come from the company’s equity and bank loans.

South Korean ambassador to Indonesia, Ho Young Kim, who attended the signing, said that Posco’s investment in the joint venture was the biggest single investment among South Korean companies. (adh)

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