The
company,
which
has
$3.1bn
in
debt
on
its
books,
is
aiming
to
use
the
fresh
funds
to
bring
processing
costs
at
the
silicon
plant
down
to
less
than
$20
per
kg,
says
the
state-owned
Xinhua
media
agency.
This
will
allow
it
to
restart
production
at
the
factory,
which
has
been
closed
since
May
last
year,
and
prepare
for
an
independent
listing
of
the
facility,
adds
the
report.
A
public
relations
official
at
LDK
declined
to
comment
on
the
matter
to
Recharge.
LDK
has
already
defaulted
on
loans,
according
to
reports,
and
is
struggling
to…
