Korea Zinc agrees 40% fee cut to turn Teck’s mined zinc into metal
Canadian miner Teck Resources has agreed to pay Korea Zinc $165 per metric ton, a three-year low, to turn its zinc concentrate into refined metal, according to two sources familiar with the matter.
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Visit: 55
Australia’s resources minister seeks investment from Korea, Japan
Australia’s resources minister has begun a week long trip to South Korea and Japan to discuss gas exports and critical minerals opportunities, as its government on Monday released a “prospectus” of 52 investment ready critical minerals projects.
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Visit: 201
Korea battery makers eye Chile lithium investments to supply US
Lithium heavyweight Chile is drawing interest from South Korean battery makers keen to develop processing plants there, the head of a government agency said.
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Visit: 72
Hyundai to invest $400 million for stake in Korea Zinc
Mining News Pro - Hyundai Motor Group will buy a 5% stake in Korea Zinc Co., the world’s largest smelter for non-ferrous metals, as part of its effort to ensure access to key metals used in making electric-car batteries.
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Visit: 121
South Korea miners survive nine days underground on coffee
Mining News Pro - The men, aged 62 and 56, are believed to have kept warm by lighting a fire and building a tent out of plastic.
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Visit: 377
South Korea’s SK On inks deal with Global Lithium Resources for lithium supply
Mining News Pro - South Korean battery maker SK On said on Thursday it signed a memorandum of understanding with Australia’s Global Lithium Resources Ltd for stable supply of lithium.
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Visit: 541
Canada, South Korea seek deeper cooperation on critical minerals
Mining News Pro - Canada has many of the critical minerals – like lithium, cobalt and nickel – that are now used to make batteries for EVs, and the government is in the process of seeking to help producers and processors scale up production.
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Visit: 484
Kore Potash cuts Congo project costs by $520 million
Mining News Pro - Shares in Kore Potash (LON: KP2) climbed on Monday almost 15% after the company lowered the costs cost of its Kola potash project in the Republic of Congo by $520 million to $1.83 billion.
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Visit: 643
POSCO to halt some plants as S.Korea trucker strike continues
Mining News Pro - South Korean steelmaker POSCO said on Sunday will halt some of its plants in the country due to a lack of space to store finished products, which have not been shipped due to a strike by truckers who are demanding higher pay as fuel prices surge.
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Visit: 721
LG Energy Solution becomes S.Korea’s No.2 firm in stellar stock debut
Mining News Pro - LG Energy Solution Ltd (LGES) on Thursday saw its stock price soar 68% on its trading debut following a record IPO, catapulting the electric vehicle (EV) battery maker to the rank of South Korea’s second-most valuable company.
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Visit: 1052
Top coal funder Korea draws critique for slow phase-out plans
Mining News Pro - Financial institutions in South Korea, one of the world’s top funders of coal, have failed to keep up with their global peers in setting policies to exit the dirtiest fossil fuel, an activist group said.
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Visit: 619
Korea Zinc backs storage developer Energy Vault in green push
Mining News Pro - Korea Zinc has agreed to invest $50 million in energy storage developer Energy Vault and use its technology to help decarbonise operations at its zinc refinery in Australia, the two companies said.
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Visit: 649
South Korea, Japan drive booming met coal demand
Mining News Pro - Interest in Australia’s metallurgical coal (met coal) has enjoyed a significant increase in recent times, as South Korea, Japan and Europe pounce on the popular resource.
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Visit: 918
Australian resources trusted by Korean investors
Mining News Pro - Australia’s critical minerals sector is viewed as one of the safest places to do business due to its high-grade policies and regulations, according to Trade and Investment Queensland (TIQ).
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Visit: 976
Korea looks to Australia for reliable battery materials
Mining News Pro - Australian critical minerals miners have caught the attention of Korean battery manufacturers as the east Asian powerhouse looks to diversify its supply chain.
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Visit: 731
Southern Gold strikes deal over Korean assets
Mining News Pro - Southern Gold has struck commercial terms with its joint venture partner Bluebird Merchant Venture for the sale of its interest in the Gubong and Kochang projects, in the Republic of Korea.
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Visit: 358
QLD to grow resources exports to Korea, South Asia
Mining News Pro - The Queensland Government plans to expand the reach of its mineral exports into the Korean and South Asian markets following the appointment of new trade commissioners.
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Visit: 780
Kore focusing on pursuing Kola project
Kore Potash is excited at the opportunity presented by the Summit Consortium potentially financing the construction of the world-class Kola project, in Congo-Brazzaville, CEO Brad Sampson says in a company update.
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Visit: 619
Kore to raise $11m
Mining News Pro - Potash exploration and development company Kore Potash intends to raise about $11-million, before expenses, by way of an unconditional placing, a conditional placing and direct subscriptions of new ordinary shares in the company with certain eligible existing shareholders and new institutional and other investors.
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Visit: 505
KORE Mining finds gold occurrences on California project
Mining News Pro - KORE Mining announced Tuesday it has discovered gold in several dry stream beds between the company’s Imperial gold project and Equinox Gold’s Mesquite gold mine, part of its ongoing exploration within the Mesquite-Imperial-Picacho district.
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Visit: 537
Kore’s DX feasibility study on track, budget for completion in May
Mining News Pro - Potash development company Kore Potash reports that the definitive feasibility study (DFS) for Phase 1 of its 97%-owned Dougou Extension (DX) potash project in Congo-Brazzaville remains on track and within budget to be completed in May.
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Visit: 918
KORE Mining considering spin-out of BC gold projects
Mining News Pro - KORE Mining is considering “maximizing the value of its gold portfolio” by splitting its US development assets and Canadian exploration assets into separate publicly listed companies by way of a spin-out to shareholders.
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Visit: 597
Kore Potash starts drilling at DX Project
Mining News Pro - Potash development company Kore Potash has started the planned drilling programme for Phase 1 of a definitive feasibility study (DFS) for its DX Project.
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Visit: 1077
Kore raises A$7m for DFS
Mining News Pro - Kore Potash on Wednesday announced a $7-million capital raise to fund the first phase of a definitive feasibility study (DFS) for its Dougou extension sylvenite project, in the Republic of Congo.
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Visit: 603
Zirconium, titanium, rare earths refining technology funded by Korea
Mining News Pro - Australian Strategic Materials announced that its Korean partner, Zirconium Technology Corporation, was awarded $4.5 million in grants by the Korean government to be used in the development of the companies’ joint venture.
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Visit: 1014