The steel producer will use the $500 million to go toward its electric arc furnace technology installation in Luleå, Sweden.

The KPD bomb squad had begun removing explosive materials from the steel box at CMC Recycling late in the afternoon Oct. 11 after the explosives robot couldn’t remove the contents.

Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN | OTCQB:ERDCF) (“Erdene” or the “Company”) is pleased to announce effective immediately, the Company's ...