Yeosu Gwangyang Port Authority and POSCO M-Tech Co., Ltd. Sign Resource Circulation Business Agreement

Exploring Various Approaches to Collecting and Recycling Waste Aluminum

Yeosu Gwangyang Port Authority (President Park Seong-hyun, YGPA) announced on the 6th that it has signed a 'Waste Aluminum Resource Circulation Activation Business Agreement' with POSCO M-TECH Co., Ltd.

At the signing ceremony, YGPA Executive Vice President of Management Hwang Hak-beom and POSCO M-TECH Executive Director Jang Won-jun attended, agreeing to seek multifaceted cooperation on aluminum resource circulation by maximizing the capabilities and resources of both companies, including ▲supporting collection activities to establish an aluminum recycling network ▲exploring ways to activate resource recycling for ESG management practice ▲carrying out community contribution activities through the creation of a resource circulation sharing fund.

On the 6th, at the 17th-floor executive meeting room of the Yeosu Gwangyang Port Authority headquarters, Hwang Hak-beom, Executive Vice President of the Authority (left in the photo), and Jang Won-jun, Managing Director of POSCO M-TECH Co., Ltd., are taking a commemorative photo after signing an MOU.
[Photo by Yeosu Gwangyang Port Authority]

When YGPA collects and supplies aluminum from Yeosu and Gwangyang ports, POSCO M-TECH utilizes it as a raw material for steel production to manufacture products.

Additionally, the fund created from the aluminum provided by YGPA will be used to support vulnerable groups in the local community at the end of the year, aiming to become a model case of ESG management cooperation.

YGPA Executive Vice President of Management Hwang Hak-beom said, “It is very meaningful to sign the waste aluminum resource circulation business agreement on Resource Circulation Day (September 6 every year).” He added, “We will continue to create a sustainable resource circulation model.”

This content was produced with the assistance of AI translation services.