The Korea Times
Korea Zinc Co., the world's biggest refined zinc smelter, said Thursday it has begun an 11 trillion-won ($7.4 billion) project to build a critical metals refinery in Clarksville, Tennessee. The company held a ceremony to mark the official launch of "Project Crucible" in Clarksville on Wednesday (U.S. time), attended by Chairman Choi Yun-beom and President Park Ki-won, who is in charge of the project, along with U.S. officials, including Stuart McWhorter, deputy governor of Tennessee, according to Korea Zinc. The facility is scheduled to break ground next year and begin producing 13 nonferrous metals starting in 2029. "Through Project Crucible, we have embarked on a journey to open a new future that transcends Korea Zinc's past 52 years and to safeguard national security in critical minerals for future generations," Choi said, according to the company. "We will concentrate all our capabilities, experience and cutting-edge technology in Clarksville to build the world's leading critical mineral processing facility." Korea Zinc said it has recently completed the acquisition of a local zinc s
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