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
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
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
South Korea: Imported Scrap Offers from Russia Up by 15-20 USD
Mining News Pro - Russian scrap offers to South Korea increased significantly, according to recent release reports. Offers to South Korea up by USD 15-20/MT as against last week, however, no fresh bookings at these levels have been concluded as yet.
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Visit: 1147
Southern Gold seeks buyers for WA assets, as its focus shifts to South Korea
Mining News Pro - Junior Southern Gold has put up a for-sale sign on its Western Australian gold assets, including the Cannon gold mine.
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Visit: 996
South Korean HRC Importers Turn Active On Competitive Offers from China ________________________________________
Mining News Pro - As per Steel daily,South Korea based HRC importers have turned active and are procuring material from China amid competitive steel prices along with tight supply in domestic market.
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Visit: 1274
South Korean iron ore imports fell in September
Mining News Pro - According to South Korea`s official statistics, imports of iron ore in the country amounted to 5.1 million tons in September, up 27 percent from September.
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Visit: 1205
South Korea: Ferrous Scrap Imports Marginally Down in Q3 2018
Mining News Pro - Scrap imports from US jump three fold and from Japan fall 14% in Q3`2018.
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Visit: 1242
South Korean Steel Majors Inspect RINL’s Vizag Unit taking a Step Ahead in Setting up Steel Plant in India
Mining News Pro - In September last month, the Indian steel ministry had initiated talks with Japanese and Korean steel companies for setting up a 5-mtpa steel plant through a joint venture with state-run Rashtriya Ispat Nigam (RINL) in Vizag (Visakhapatnam).
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Visit: 1704
South Korean Steel Sector Faces Rise in Chinese Imports amid Upturn in Shipbuilding Industry
Mining News Pro - According to the latest reports, amid growing protectionism of U.S against steel imports, one of the key countries that is facing the real brunt is South Korea.
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Visit: 880
South Korea Imposes Anti-Dumping Duty on Stainless Steel Bars Import from Taiwan and Italy
Mining News Pro - The Korea Trade Commission (KTC) has ruled on Thursday (20 Sep’18) that the producers of stainless steel bars from Taiwan and Italy sold their products at unfairly low prices in the South Korean market and has subsequently violated South Korea’s anti-dumping law.
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Visit: 1436