Korea Zinc Sees US Opportunities as It Targets Big Copper Growth.

ZINC; COPPER

Korea Zinc, the world's largest zinc smelter, plans to expand its copper production to 150,000 tons per year by 2028, up from 30,000 tons in 2023. The company aims to capitalize on growth opportunities in the US and become a major player in the global transition to renewable energy. Korea Zinc will utilize scraps and waste materials through an "urban mining" concept to produce copper in a more profitable and sustainable way. The US is seen as a key market due to its abundant secondary materials and lower recycling rate compared to Europe. The company is also involved in recycling end-of-life materials and is building a nickel refinery in Korea, which will be the largest non-Chinese nickel refinery in the world. [Extracted from the article]

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