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Korea Zinc Announces $6.77 Billion Partnership with US Government to Build a Smelter for Critical Minerals.
Dec 15, 2025•6 months ago
Contract Type
partnership
South KoreaManufacturingMiningPrecious Metals
Description
Korea Zinc plans to establish a large-scale facility in the US through a partnership with the government and private companies, with an investment of 10 trillion won. This joint venture aims to enhance domestic processing capacity for critical minerals amid tightening Chinese export controls.
Company Information
Company
Korea Zinc
Location
South Korea
About
Korea Zinc is a global leader in the production of non-ferrous metals and plays a key role in critical supply chains for materials like nickel and battery precursors. It has vital partnerships with major Korean conglomerates and supports the electric vehicle sector.