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South Korea

South Korea is a country located in East Asia, occupying the southern portion of the Korean Peninsula. The capital is Seoul, a major global financial and technology hub. With a population of approximately 52-million people, South Korea has developed into one of the world's most advanced economies, ranking among the top 15 by gross domestic product. The country is a leading exporter of electronics, automobiles, ships, petrochemicals and steel, with globally recognised brands including Samsung, Hyundai and LG driving its industrial base. South Korea's currency is the won (KRW), issued by the Bank of Korea. The government operates as a presidential republic with a strong emphasis on export-led growth and technological innovation. South Korea is a member of major international economic organisations including the G20, the Organisation for Economic Co-operation and Development and the World Trade Organization. The nation maintains significant foreign exchange reserves and has emerged as an important source of development finance and investment for African countries, particularly through infrastructure projects and technology partnerships. Since the end of the Korean War in 1953, South Korea has transformed from a war-torn agrarian economy into a high-income industrialised nation, a transition often cited as an economic development model for emerging markets.

South Korea News


Coal import data from December 2025 to June 2026
Asia's thermal coal imports jump on China, Japan, S.Korea buying
26th June 2026 By: Reuters

Asia's imports of seaborne thermal coal are rebounding as China boosts purchases to compensate for soft domestic output and Japan and South Korea seek energy security amid the fallout from the... 


Micronised graphite
Australia's International Graphite secures Asia Pacific offtake agreement for graphite concentrate
25th June 2026 By: Marleny Arnoldi

ASX-listed International Graphite (IG6) has secured a three-year commercial agreement to supply graphite concentrate to Hong Kong-based trading company Wogen Pacific. As part of the agreement,... 


Lithium ore on conveyor
Lithium producers bet on battery storage as demand shifts beyond EVs
25th June 2026 By: Reuters

The lithium industry is growing more optimistic about a market recovery as booming demand for battery storage systems helps offset a slowdown in some electric vehicle (EV) markets, leading... 


Ioneer's Rhyolite Ridge project
Australia's Ioneer ties up with two South Korean firms for Nevada lithium project
23rd June 2026 By: Reuters

Australian lithium miner Ioneer said on Tuesday it has tied up with Korea Overseas Infrastructure & Urban Development and Hyundai Engineering to support the development of its Rhyolite Ridge... 


Copper processsing operation
UK to invest $66 million in critical minerals to reduce import reliance
22nd June 2026 By: Reuters

Britain will invest £50-million ($66-million) to boost domestic production of critical minerals, the government said on Monday, as it seeks to reduce reliance on concentrated global supply chains... 


An oil tanker at sea
Hormuz reopening to release wave of oil supply, depress prices
18th June 2026 By: Reuters

Middle Eastern crude oil markets could come under further pressure if the Strait of Hormuz reopens on Friday following the US-Iran interim deal, releasing-millions of barrels of oil stranded in the... 


Tungsten
Canadian miner Pure Tungsten targets first shipments from restarted South Korea mine soon
17th June 2026 By: Marleny Arnoldi

Canadian miner Pure Tungsten Global expects first tungsten shipments from its newly restarted Ssangjon mine, in South Korea, by late July and for the company's shares to list on the LSE during the... 


Coal
China mine disaster, Indonesia policy changes upend global coal market
17th June 2026 By: Reuters

A deadly mining accident in China's biggest coal-producing region and mounting policy chaos around Indonesian exports are choking global supplies, which analysts and industry officials say could... 


DLE plant
Anson to host South Korean lithium DLE plant at its brines in Utah
12th June 2026 By: Marleny Arnoldi

ASX-listed Anson Resources has signed a definitive demonstration plant agreement with South Korean steel and battery materials producer POSCO Holdings for the construction and operation of a direct... 


Represenatives from Hanwha and Frontier Lithium at a visit to Frontier's offices are (from left) Tomotaka Kawabata, Susumu Okabe, Byeong Joong Kim, Woo-young Chang, Trevor Walker, Erick Underwood, Greg Da Re and Takahiro Kume.
Frontier Lithium, Hanwha sign MoU to explore lithium value chain opportunities
11th June 2026 By: Creamer Media Reporter

Toronto- and Frankfurt-listed Frontier Lithium has entered into a nonbinding memorandum of understanding (MoU) with Hanwha Corporation and Hanwha Ocean (collectively Hanwha) to establish a... 


The Ambatovy mine site
Sumitomo finances Ambatovy stake sale to exit project, sources say
8th June 2026 By: Reuters

Sumitomo Corp provided financing to the buyers of its 54% stake in Madagascar's Ambatovy nickel operation, smoothing its exit from the loss-making project, three sources familiar with the matter... 


Sangdong tungsten mine
Tungsten miner Almonty raises $700m from notes offering
5th June 2026 By: Marleny Arnoldi

Global tungsten miner Almonty Industries has announced an oversubscribed private placement offering of $700-million comprising of 2.25% convertible senior notes due 2031. The issuance and sale of... 


Aluminium bars
Warning lights flash as aluminium reels from Gulf shock
25th May 2026 By: Reuters

The Iran war is shaping up to be one of the biggest supply shocks in the history of the aluminium market. Gulf production of the metal, which is used across sectors as diverse as transport,... 


Coal excavation
Indonesia coal export shake-up rattles miners, traders
22nd May 2026 By: Reuters

Indonesia's plan to route coal exports through a state firm has rattled traders and miners in the world's largest exporter over its viability, at a time when liquefied natural gas (LNG) supply... 


Location map of the Prairie project
Prairie lithium project, Canada – update
22nd May 2026 By: Sheila Barradas

Prairie Lithium has started with factory acceptance testing at its commercial-scale direct lithium extraction unit, representing another important step towards commissioning of the project. 


Nolans project
Australia's Arafura approves $1.6 billion rare earths project
21st May 2026 By: Reuters

Arafura Rare Earths said on Thursday it had approved the development of its $1.6-billion Nolans project in Australia's Northern Territory, which is set to be the country's third-biggest rare earths... 


Praire Lithium's DLE unit
Prairie Lithium DLE undergoes factory acceptance testing ahead of move, commercialisation
18th May 2026 By: Marleny Arnoldi

ASX-listed Prairie Lithium has started with factory acceptance testing at its commercial-scale direct lithium extraction (DLE) unit, representing another important step towards commissioning of the... 


Anson, Posco boards approve terms to build demo plant at Utah lithium project
13th May 2026 By: Creamer Media Reporter

The boards of ASX-listed Anson Resources and South Korean industrial group Posco Holdings have approved the terms for a definitive demonstration plant agreement relating to the construction and... 


US President Donald Trump and Chinese President Xi Jinping
Trump, Xi to weigh rare earth truce extension, but China's curbs still bite
13th May 2026 By: Reuters

China and the US are considering extending a truce on Chinese rare earth export curbs at a leaders' summit this week, but Chinese customs data shows Beijing is still throttling shipments of the... 


Green, smart cities must be secure by design
Green, smart cities must be secure by design
5th May 2026

By: Taru Madangombe - Vice President for Power and Grid Segment, MEA at Schneider Electric Around the world, countries are investing heavily in the development of smart, green cities. These... 


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pqt: 0.208s - ct: 0.266s - 275pq - 2rq
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