iron ore mine
Scope
Date
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Corporate investment
LX International seeks to acquire nickel, copper mines in Indonesia
LX International Corp., the trading unit of South Korea’s LX Group, said on Friday it is seeking to acquire a nickel mine and a copper mine in...
Feb 07, 2025 (Gmt+09:00)
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Economy
Foreign workers in S.Korea surpasses 1 million
The number of foreign workers in South Korea has broken past the 1 million mark.According to Statistics Korea on Tuesday, as of May, there were 1.56...
Dec 17, 2024 (Gmt+09:00)
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Batteries
POSCO, Hancock seek to jointly build lithium plant
POSCO Holdings Inc. on Tuesday signed a memorandum of understanding with Hancock Prospecting, an Australian mining company, to build a plant to annu...
Dec 10, 2024 (Gmt+09:00)
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Business & Politics
South Korea to deploy ‘Iron-Dome’ style defense system early
South Korea will deploy a new air defense system, similar to Israel’s Iron Dome, against North Korean artillery attacks earlier than previousl...
Oct 29, 2024 (Gmt+09:00)
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Batteries
Hyundai Steel set to supply iron powder to Korean LFP cathode makers
Hyundai Steel Co., a unit of South Korean automotive group Hyundai Motor Co., is set to enter the battery materials business by supplying iron powde...
Sep 20, 2024 (Gmt+09:00)
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Construction
HD Hyundai affiliates participate in Mining Indonesia 2024
South Korea's HD Hyundai Construction Equipment Co. and HD Hyundai Infracore Co. announced on Wednesday that they participated in Mining Indonesia 2...
Sep 11, 2024 (Gmt+09:00)
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Batteries
POSCO to invest in Tanzanian mine to cut Chinese graphite imports
POSCO Group, South Korea’s steel and battery material conglomerate, is set to invest in the world's second-largest graphite reserve, in Tanzan...
Sep 03, 2024 (Gmt+09:00)
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Commodities
Korea to punish copper scrap traders for illegal exports
BUSAN -- South Korea is set to punish copper scrap traders, mostly Chinese-operated, for illegal exports as nonferrous metal sector companies on the...
Aug 20, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Hanwha, KT to cooperate on smart mining
South Korea's Hanwha Global, the global division of Hanwha Corp. and KT Corp. announced on Monday that they signed a memorandum of understanding (...
Jul 09, 2024 (Gmt+09:00)
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Electric vehicles
Korea Eximbank to provide $150 mn PF to Australia
The Export-Import Bank of Korea (Eximbank) announced on Tuesday that it will provide $150 million in project financing (PF) for developing a rare ea...
Jul 02, 2024 (Gmt+09:00)
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Batteries
POSCO seeks additional lithium deals from Argentina, Chile
POSCO Holdings Inc., the parent of South Korea’s top steelmaker POSCO, aims to clinch additional deals from Argentina and Chile to secure lith...
Jun 17, 2024 (Gmt+09:00)
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ESG
POSCO Future M publishes responsible minerals report
South Korea's POSCO Future M Co. announced on Tuesday that it released a responsible minerals report detailing establishing a sustainable supply cha...
May 07, 2024 (Gmt+09:00)
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Business & Politics
Korean mining company to file around $747 mn claim against Panama
A state-run company in South Korea is set to seek an investor-state dispute settlement (ISDS) worth around 1 trillion won ($747.1 million) against t...
Jan 25, 2024 (Gmt+09:00)
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Batteries
Samsung SDI to invest in Canada Nickel, new mine in Canada
Samsung SDI Co. has agreed to invest $18.5 million in Canada Nickel Company Inc. to secure steady supplies of nickel and cobalt, key materials for r...
Jan 15, 2024 (Gmt+09:00)
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Batteries
STX invests in stake in 1.5 mn ton lithium deposit in Peru
STX Corp., a South Korean general trading company, has secured lithium, a key material for secondary batteries, and obtained a stake in a lithium mi...
Jan 09, 2024 (Gmt+09:00)
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Energy
LG Energy Solution Vertech wins 10GWh ESS projects in the US
LG Energy Solution Vertech Inc., a Texas-based energy storage system (ESS) supplier, has secured a combined 10-gigawatt hours (GWh) of grid-scale ba...
Dec 21, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems to develop swift, accurate mine detection tech
South Korea's Hanwha Systems Co. is set to embark on the development of a mine detection system using big data and artificial intelligence (AI) tech...
Dec 15, 2023 (Gmt+09:00)
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Batteries
STX acquires 20% stake in lithium iron phosphate battery maker IBT
STX Corp., a South Korean general trading company, announced on Friday that it has signed a stock purchase agreement to acquire a 20% stake in the b...
Dec 01, 2023 (Gmt+09:00)
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Batteries
STX to invest in lithium business in Peru, Brazil
South Korea’s trading company STX Corp. signed a tripartite agreement with local partners in Peru and Brazil to develop lithium mines and trad...
Nov 13, 2023 (Gmt+09:00)
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Batteries
LX International to buy Indonesia's PT AKP for nickel mining
LX International Corp., the trading unit of South Korea’s LX Group, said on Tuesday it is slated to acquire a 60% stake in Indonesian miner PT...
Nov 07, 2023 (Gmt+09:00)
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Batteries
Ecopro to develop lithium mine in Nevada with Australian firm
South Korean battery materials maker EcoPro Co. announced on Wednesday its subsidiary EcoPro Innovation signed a memorandum of understanding (MOU) w...
Nov 01, 2023 (Gmt+09:00)
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Batteries
STX starts exploration drilling at Indonesian nickel mine
South Korea’s general trading company STX Corp. has started works to probe the contents of known ore deposits at an Indonesian nickel mine it ...
Nov 01, 2023 (Gmt+09:00)
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Steel
POSCO fully recoups initial investment in Roy Hill mine
POSCO Holdings Inc., the holding company of South Korea’s top steelmaker POSCO, has fully recovered its initial investment of 1.3 trillion won...
Oct 10, 2023 (Gmt+09:00)
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Construction
HD Hyundai, POSCO to team up for unmanned technology
South Korea's HD Hyundai Co. announced on Tuesday that it has signed a business agreement with POSCO Group for the development of unmanned technolog...
Sep 26, 2023 (Gmt+09:00)
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Steel
Hyundai Steel develops industrial neutron analyzer jointly with startup
Hyundai Steel Co., South Korea's second-largest steelmaker, announced on Thursday that it has successfully collaborated with the in-house startup 3I...
Aug 10, 2023 (Gmt+09:00)
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Batteries
Korea’s STX to build joint Indonesia nickel plant for EV cells
South Korea’s trading company STX Corp. is set to build a nickel plant with an Indonesian company in the Southeast Asian country to expand its...
Aug 03, 2023 (Gmt+09:00)
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Energy
POSCO Int'l wins Indonesia gas exploration project
South Korea’s POSCO International Corp. is poised to secure rights worth several billion dollars to explore and produce natural gas in Indones...
Jul 25, 2023 (Gmt+09:00)
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ESG
SKIET rejuvenates old mining town in Poland as green industry hub
DABROWA GORNICZA, Poland – It was not long ago that the Polish city of Dabrowa Gornicza in Silesia Province was struggling to bring back its g...
Jun 26, 2023 (Gmt+09:00)
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Energy
KHNP closes in on final deal to build nuclear plant in Poland: PGE CEO
Korea Hydro and Nuclear Power Co. (KHNP) and its counterparts are now in a situation where most conditions have been met to allow them to sign a bin...
Apr 24, 2023 (Gmt+09:00)
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Steel
POSCO conducts pilot release of rare metal ferrochrome
South Korea's steelmaker POSCO and the government-run Korea Mine Rehabilitation and Mineral Resources Corp. (KOMIR) on Friday announced the first pi...
Apr 14, 2023 (Gmt+09:00)
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