Korea Zinc announced plans to invest $7.4 billion in constructing a smelter in the United States. This facility aims to produce essential metals and minerals. The U.S. government has requested the company to build this smelter to address increasing global supply chain risks and meet the growing domestic demand for non-ferrous metals and strategic minerals.
The proposed smelter will produce key non-ferrous metals such as zinc, lead, and copper, as well as precious metals like gold and silver. It will also produce strategic minerals including antimony, germanium, and gallium. Korea Zinc expects the facility to gradually begin commercial operations by 2027.
