Korea Zinc

Korea Zinc, the world's largest zinc smelter, is making headlines due to its planned $7.4 billion investment in a US minerals refinery. This project is significant because it aligns with the US government's efforts, under President Trump, to secure critical mineral supply chains and reduce reliance on China. The project will begin with Korea Zinc acquiring two mining complexes and the only US zinc smelter, located in Tennessee. This development is particularly relevant given the current economic climate in the US, which includes rising unemployment and ongoing economic uncertainty. The US government's backing of this project underscores the strategic importance of securing domestic mineral processing capabilities.