Korea Zinc to build $7.4 billion smelter in US

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December 15, 2025 5:03 AM EST

FILE PHOTO: The logo of Korea Zinc is pictured during a press conference in Seoul, South Korea, October 22, 2024. REUTERS/Kim Hong-Ji/File Photo

(Corrects the ⁠year when ⁠the ‍smelter will start operations in third paragraph)

SEOUL, Dec ‍15 (Reuters) - Korea Zinc said on ​Monday that it plans to build ​a smelter to produce key metals and minerals in the United States in ​a project that would cost $7.4 billion.

Korea Zinc said the ​U.S. government asked the company to build ‌the facilities, to respond to the expansion of global supply ​chain risks and ⁠the increasing demand for non-ferrous metals and strategic ‌minerals in the United States.

The smelter plans to produce major non-ferrous ‌metals such as zinc, lead, and ‌copper, precious metals such as gold and silver, and strategic minerals such as ‍antimony, germanium, and gallium. It will begin commercial ⁠operations gradually following construction from 2027 to 2029, it said.

(Reporting by Hyunjoo Jin and Heejin KimEditing by Ed Davies)


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